What challenges do crypto exchanges face when going public?
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Q: Why isn’t every exchange rushing to IPO?
Regulation is a major hurdle. Crypto companies face uncertainty around compliance, licensing, and classification of assets, which can delay or block IPO plans.Q: Does market timing matter?
Absolutely. Exchanges rely heavily on trading volume, which fluctuates with crypto market cycles. Weak market conditions—like lower trading activity—can reduce revenue and make IPOs less attractive or delay them.