Investment expert and fund manager Dan Tapiero predicts a surge of initial public offerings (IPOs) in the crypto industry. In a recent interview with Scott Melker, Tapiero highlighted the innovation and growth potential of digital assets, which is attracting more investment interest in “public blockchain crypto businesses.” He anticipates that within the next 18 months, there will be IPOs or even special purpose acquisition companies (SPACs) emerging as pools of capital for these businesses. Tapiero clarified that although some companies like Kraken are referred to as “public blockchain crypto businesses,” he wouldn’t categorize them as blockchain companies.

Tapiero also expressed his belief that Coinbase, one of the leading US crypto exchanges, will not be the only major public crypto company in the future. He confidently stated that in five years, there will be several large public crypto companies available for investment. He revealed that many equity investors are eager to own shares in companies that are actively developing and contributing to the crypto industry. While Coinbase is currently a prominent option, Tapiero expects a multitude of new companies to emerge.

Please note that the opinions expressed in this article are not investment advice, and it is essential for investors to conduct their own research before engaging in high-risk investments involving Bitcoin, cryptocurrency, or digital assets. It is crucial to understand that any transfers and trades are at the investor’s own risk, and they are accountable for any potential losses. The Daily Hodl, the source of this article, does not endorse the buying or selling of cryptocurrencies or digital assets, and it is not an investment advisor.