Another public offering hits the market for the market and most people still have no idea about what is encryption

Blockchain -based lender technology solutions He has officially presented For a preliminary general offer, on the occasion of another step by encryption companies looking for a slice of a dollar public market machine.

Both Bruce Cross and the banks you love They really celebrate This step for the public brand, which they say represents a great milestone in the advanced intersection of encrypted currencies, Blockchain technology, and prevailing financing.

Analysts assume that this indicates a broader shift in how to get unprecedented people in Crypto in more comfortable investment.

“Crypto has become one of the large pillars in the public subscription market,” Joseph Schuster, CEO of IPOX Reuters saidReferring to companies that pass through empty incorporation.

This so far has gone against all logic Introduction from recent opinion polls, That showed Request at least 60 % of peopleAnd Sometimes up to 90 %You have no idea at all about what encryption is or how it works, but it will certainly not put their own money in it.

“It seems doubtful,” one of the defendants National opinion poll for encrypted currency He said in July 2025.

Mike Kagney, CEO of Fess 2021 interview.

“When we started in 2018, I think our hope is to be just a Blockchain technology company and we do not have to build other lending work, a payment company and everything else,” Kagney said. “What became very clear to us early is that the world was not ready to rely on Blockchain the way we were, so we created these operating companies.”

Why do it matter of encryption?

However, this public subscription may appear slightly softening this for encryption companies that seem to be already, or can prove, they are doing something tangible.

Focus concentration focuses on practical applications-such as providing encryption loans and Blockchain use of transparent guarantee and faster-is a little more transparent how Blockchain can be combined into basic financial services.

Her website offers Use Alphabet Inc.From Google Gemini Chatbot and Tech from Openai Inc. To need loan requests.

This approach states how banks and high -tech companies such as Sofi and Robinhood (which were launched in 2021 and 2019, respectively) benefits from technology to re -invent traditional banking services (Obtaining public subscription).

The company’s use of artificial intelligence along with its Blockchain platform confirms the increasing rapprochement of innovative technologies in financing, Closer to the last PayPal investments In the payment solutions AI.

Unlike the former encryption companies mired in organizational differences, a huge leap 22 % in the second half of the year and supported by prominent institutional investors such as Apollo Global Management and Ribbit Capital It may also add credibility For the role of Blockchain in the prevailing financing.

This trend repeats similar moves by companies such as Coinbase, which wandered in an assessment of $ 85 billion when it was announced in 2021-which at the same time at the same time Supported from encryption as a legal original and Make it more confuseddepending on Who asked.

What is the number anyway?

Participated in the establishment of Cagney, which previously helped launch Blockchain Booster and Fintech Sofi Technologies, the number helps create loans.

The company says So far, it has achieved $ 16 billion of loans, including home dependence lines, coding loans, and the exchange of digital assets, all brings Blockchain to consumer financing.

The shares on the Nasdaq Stock Exchange are expected to be traded under the category code.

The New York City -based company, which was established in 2018, is likely to contemplate a bite of the current scene, where digital assets and Bolockchain technology are increasingly intersecting with prevailing financing.

This is still a controversial step.

According to its last SEC fileThe number recorded a net income of $ 29.1 million on revenues of $ 43.8 million for the first half of 2025, a noticeable transformation from a net loss of $ 15.6 million at $ 12.5 million of revenues during the same period in the previous year.

Company She announced for the first time her intention to the public Earlier this month through a secret file. Previous financing rounds, including an increase of 2021 supported by the project, The company is estimated at $ 3.2 billion.