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Ark Invest CEO questioned Trump's Memecoin, said These Markets Will Revive - Coin Bulletin
Cathie Wood, founder and CEO of ARK Investment Management, predicts that the initial public offering (IPO) market in the US could revive with Donald Trump's regulation and growth-oriented policies.
Wood believes that Trump's regulatory changes will facilitate private companies' decisions to go public.
Speaking on Bloomberg's ETF IQ program, Wood said, "Regulatory changes will play a major role in the return to public markets," and added, "I can understand why companies prefer to remain private. The regulatory confusion they encounter in public markets creates serious friction."
Cathie Wood also commented on Trump's memecoin initiative. The CEO of ARK Invest stated that it is difficult to know "how much benefit" such crypto assets will bring at the moment, but that Trump has started a new phase in the crypto revolution**.
Trump's regulations can bring great momentum not only to the cryptocurrency markets but also to the IPO process. Less restrictive approaches compared to previous government policies can accelerate companies' IPO processes and lead to a revival in the US capital markets.