Cryptocurrency exchange platform Uphold is considering conducting an IPO in the United States or selling the company as a whole.

Blockbeats
10 Jun

BlockBeats News, June 10th, according to The Block, Simon McLoughlin, CEO of the cryptocurrency exchange platform Uphold, has just returned from Las Vegas, where Uphold promoted a series of initiatives aimed at attracting XRP-loving US consumers. Now, the company is considering launching an Initial Public Offering (IPO).

McLoughlin stated that Uphold's board has "appointed" FT Partners to explore strategic options, including conducting an IPO in the US or selling the company to other enterprises.

"Currently, we are attracting the interest of multiple banks, brokerages, financial institutions, and payment companies," McLoughlin stated, "therefore, a strategic sale is also a viable option."

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10