Wall Street banks are increasing their efforts to secure initial public offering (IPO) deals with crypto firms as the Trump administration seeks to establish the United States as a global leader in the crypto industry. Banks such as Morgan Stanley, Bank of America, and Royal Bank of Canada are looking to capitalize on potential listings by exchanges like Gemini and Bullish, as well as other crypto companies like Kraken and Circle. The banks are eager to secure these deals as President Trump has promised to make the US the "crypto capital of the planet." Additionally, Swedish fintech company Klarna is also making strides in the crypto space ahead of its upcoming IPO with plans to add crypto to its platform.



Other News from Today