De Martino Quoted on Cryptocurrency IPOs
Partner Ralph De Martino was quoted on why direct listings may not be the best path for cryptocurrency companies looking to enter the stock exchanges.
Ralph said that direct listings are better for businesses with substantial brand recognition, something that many cryptocurrency companies have not yet developed.
He added that entering the market through a special purpose acquisition company (SPAC) may be a more popular initial public offering (IPO) alternative for companies wanting to capitalize on an “exuberant market.”
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