Cryptocurrency exchange platform Uphold is considering conducting an IPO in the United States or selling the company as a whole.

Blockbeats

06-10

BlockBeats News, June 10th, according to The Block, Simon McLoughlin, CEO of the cryptocurrency exchange platform Uphold, has just returned from Las Vegas, where Uphold promoted a series of initiatives aimed at attracting XRP-loving US consumers. Now, the company is considering launching an Initial Public Offering (IPO).

McLoughlin stated that Uphold's board has "appointed" FT Partners to explore strategic options, including conducting an IPO in the US or selling the company to other enterprises.

"Currently, we are attracting the interest of multiple banks, brokerages, financial institutions, and payment companies," McLoughlin stated, "therefore, a strategic sale is also a viable option."

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