Institutions have gotten in at the IPO price for decades. Retail got the leftovers.
xStocks just ended that.
Now, retail investors worldwide can access US-listed IPO price exposure via xStocks, at the offering price.
→ https://t.co/gXgDLKaAYh
An IPO in New York. Access the offering price from anywhere in the world.
That's what xStocks is unlocking.
Tokenized US listed IPO access for retail investors globally, coming soon to Kraken and select xStocks Alliance members.
→ https://t.co/6bOenjwwgu
@hodlonaut That’s not what this was. There was a major deleveraging event around the same time - pure coincidence. And that should not be controversial in any way.
@willreeves Liquidity? There might be some temporal market depth changes but I don’t expect that to last long. I expect bitcoin to remain one of the most liquid assets on the planet and would be shocked otherwise. If you mean rotation between assets that’s a different question to me.
People want to own SpaceX. 90 days doesn’t do that much other than being after the price stabilization window (1 month), as the employee and investor lock-up period is 180 days. If someone wanted to “protect” retail investors in index funds why not make it 270 days or 365 when the stock will be fully distributed and liquid and early investors and/or employees might have sold? These nanny state rules always just create a tradeoff. The investor in the index fund is more likely to buy the single stock directly which negates the portfolio effect that weights out the effects of a single stock, as well.
A small group of activists shut down clean nuclear power - and now they are trying to do the same to data centers. It would plunge the country into a recession, high unemployment & risk our national security to China. 🇺🇸
Salability is one of bitcoin’s most powerful adoption factors. Currently, it’s still extremely liquid, but like the float one a thinly traded stock, at some point large block trades could be impacted. That’s not likely to impact individuals, though; it’s more of an impediment of sizing up/down for institutions and sovereigns. That might mute large purchaser adoption, which is why individual access and adoption of spot bitcoin, not financialized and derivative securities, is the best barometer as to if there’s a negative impact due to these developments. We’re just nowhere on the horizon, thankfully.
It is fair to consider what “adopt bitcoin,” “come to bitcoin” even means and if a traded security is it.
As far the “do the work” comment goes, that’s just wrong: many early people got involved with bitcoin and then later heard about sound monetary principles and realized they’d gotten way more than they even thought they had. Years later, many who had gotten GBTC for profit realized they didn’t have bitcoin itself but an IOU, sold GBTC, and bought the real thing into self-custody. All before ETFs were given the green light. Everyone is on a journey. Many more will “do the work” in the future.
the orange ties pivoted the prevailing bitcoin narrative from freedom money to saylors meme coin and now people are rightfully asking why they shouldnt just buy ai stocks instead
the plot was coopted but will be found again
stack real bitcoin, not that fake shit
Reject this hogwash, America is electric right now. There’s opportunity everywhere if you’re willing to work, learn, risk trying things, and participate in life. The upside on optimism is uncapped. You live in the greatest period of innovation in history, fade the malthusians