Macro investor and fund manager, Dan Tapiero, predicts that a surge of initial public offerings (IPOs) in the crypto industry is on the horizon. In an interview with Scott Melker, Tapiero highlights the ongoing innovation in digital assets and the immense growth potential of the sector as driving factors behind increased investment interest in “public blockchain crypto businesses.” Tapiero suggests that within the next 18 months, IPOs or potentially special purpose acquisition companies (SPACs) could emerge as pools of capital for these businesses. While Tapiero acknowledges that Kraken may not necessarily be considered a blockchain company, he believes that Coinbase, one of the leading US crypto exchanges, will not be the sole major public crypto company in the future. Tapiero asserts that there is a significant demand from equity investors to own companies within the crypto space, and he anticipates a multitude of companies emerging in the coming years.
