April 3, 2025
Amber's Nasdaq Debut Signals Ipo Wave for Crypto Firms, Pantera's Veradittakit Says thumbnail
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Amber’s Nasdaq Debut Signals Ipo Wave for Crypto Firms, Pantera’s Veradittakit Says

The Provider of Crypto Financial Services for Institutions Went Public Last Month.”, – WRITE: www.coindesk.com

The Provider of Crypto Financial Services for Institutions Went Public Last Month. APR 2, 2025, 8:57 AM UTC

Amber Group’s Listing on Nasdaq Earlier This MONTH PAVES The WAY FOR MORE CRYPTO Companies to Take the Same Path, Said Paul Veradittakit, A Partner at Pantera Capital.

Pantera Was An Early Investor in the Hong Kong-Based Provider of Crypto Financial Services to Institutions, Whose Subsidiary Amber International Listed on the Exchange on March 13.

PUBLIC LISTINGS OF CRYPTO-Focused Companies Will Attract Institutional Investors Who Previoously Lacked A Structured Way to Enter the Crypto Space Hyric Crypto Market is Currently Lcking, Veradittakit Said in An Interview.

“We Are Going to See A Lot of Us Companies Hitting The Public Markets,” He Said, Noting That 10 Companies in Pantera’s Portfolio Are Considering the Move ..

Crypto Custody Companies, Stablecoin Issuers and Developer Platforms Are Considering the Process, He Said. On Tuesday, Circle, The Issuer of the USDC Stablecoin, SAID IT FILED to GO PUBLIC ON THE NEW YORK STECE Exchange.

Veradittakit Emphasized that Cleerr and More Support Regulation in the US Provides Important “Tailwinds” for Crypto ipos, Helping International Companies Like Amye.

Amber’s Listing Also Shows that Crypto Market is not a zero-sum game Between asia and the us, But Racher As a bridge Connecting US Liquidity With asia Who Emphasized that Overall Financial Market is large enough for cooperation.

“In the past, we’ve seen technology breaking is the fastest of whote and the west work together,” He Said.

Amber Intends to Use the Capital and Visability from the Listing to Support Its International Expansion and the Development of Institutional Crypto Financial Services. The Company’s Shares Closed At $ 11.38 On Tuesday, Giving IT A Market Cap of About $ 1 Billion.

“Right Now, It’s Just The Beginning of Our Much, Much Bigger Stage Going Forward,“ Huo Said.

Sam ReynoldsSam Reynolds is A Senior Reporter Based in Asia. Sam Was Part of the Coindesk Team that Won the 2023 Gerald Loeb Award in the Breaking News Category for Covers of FTX’s Collaps. Prior to Coindesk, He Was A Reporter with BlockWorks and A Semiconductor Analyst with IDC.

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Sam Reynolds

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