SpaceX, Anthropic, and OpenAI Will Have Gargantuan IPOs Soon. That's Rocket Fuel for This Cryptocurrency.

The market is bracing for the largest-ever run of public listings. SpaceX plans an initial public offering (IPO) in mid-June at a valuation near $1.7 trillion. OpenAI and Anthropic are sure to be queued up right behind it, with each circling the $1 trillion mark.The traditional perspective is that these huge and highly in-demand offerings would suck liquidity out of the financial system, harming disfavored sectors, like crypto. But this time, there's a wrinkle that could make these IPOs into a powerful cocktail of growth for at least a few cryptocurrencies.Here's why that might be the case, and what you can do to get some upside if it plays out.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool