Brock Pierce, president of the Bitcoin Foundation, discussed the Cryptocurrency summit for the first time on “The Bottom Line” at the White House.
According to Bloomberg, the Cryptocurrency Exchange Crackon is preparing an initial public offering next year.
The IPO is expected to be during the first quarter of 2026 and comes amidst a pro -pro -Tram administration’s stance on digital assets. In Bloomberg’s response, the company indicated that it was monitoring the best time for a possible IPO.
“We have recently revealed 2024 financial highlights to be more transparent about our business, which we started earlier to publish evidence of the store, and we are going to continue moving.” A query reply from Bloomberg News“We will pursue public markets because it makes sense to our customers, our partners and shareholders.”
One of the world’s largest crypto exchanges will be included in the choice of Crackon, Coinbase, which is already public.
| Langer | Security | Last | Change | Change % |
|---|---|---|---|---|
| Coin | Coinbase Global Inc. | 217.45 | +3.28 |
+1.53% |
On Friday, White House hosted the digital asset summit for the first time Participated by members of the cabinet, including Treasury Secretary Scott Bassant, Commerce Secretary Howard Lootnik and Kelly Lofler, head of the Small Business Administration.
Trump celebrated the meeting through a post on X.
“” Welcome to the first White House Digital Asset Summit. Last year, I promised America to make the world’s bitcoin superpower, and we are taking historical action to fulfill that promise. ” -” they said.
An executive order of Trump after the meeting signed on Thursday Install a strategic bitcoin reserve. Crypto Czar David Sachs expanded the benefits of the step through a post on X.
Trump’s first Trump’s crypto Czar Bemoans lacks strategy before Trump
He wrote, “The reserve will be capitalized with a bitcoin owned by the federal government, which was confiscated as part of the criminal or civil asset proceedings. This means that it would not spend even a penny to taxpayers,” he wrote. “It is estimated that the US government owns around 200,000 bitcoins; however, has never been fully auditing. EO directs the full account of the federal government’s digital asset holdings. The US will not sell any bitcoin deposited in the reserve. It will not be kept as a price store. It is often called a digital fort nox for the cryptocurrency.
Bitcoin, which hit a high level of all time of $ 106,734.51 in December 2024, has ever been swept away from the level of $ 90,000 amid selling and volatility in US shares.
