After Coinbase's listing, BlockFi and Kraken may opt for lis

After Coinbase's listing, BlockFi and Kraken may opt for listing


After Coinbase’s listing, BlockFi and Kraken may go public
A crypto-lending startup BlockFi Inc and cryptocurrency exchange Kraken, both US-based firms are more likely to go public. After a successful listing of Coinbase, many service providers related to cryptocurrency is evaluating options to raise funds from the capital market. This will not just improve cash flow but improve visibility.
According to a Bloomberg report, the rise in Bitcoin and Ethereum to an all-time high this week reflected the possibilities for cryptocurrencies.
“The biggest ramification of Coinbase going public is the legitimacy it brings to the industry,” said Ben Weiss, chief executive officer of CoinFlip, which provides crypto ATMs in the U.S. “There are also rumours that Kraken and BlockFi are also looking to make themselves publicly tradable in the near future.”

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