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How does the UK IPO process work for cryptocurrency companies?

avatarJOSEPH D WHITEDec 15, 2021 · 3 years ago1 answers

Can you explain the process of conducting an Initial Public Offering (IPO) in the UK specifically for cryptocurrency companies? What are the requirements and steps involved?

How does the UK IPO process work for cryptocurrency companies?

1 answers

  • avatarDec 15, 2021 · 3 years ago
    At BYDFi, we have seen cryptocurrency companies successfully go through the UK IPO process. It starts with meeting the eligibility criteria set by the FCA and LSE. Once approved, the company needs to find an investment bank to act as an underwriter. The underwriter helps with pricing, marketing, and distributing the shares to potential investors. The company also needs to prepare a prospectus, which provides detailed information about the business. Roadshows are an important part of the process, where the company presents its investment case to institutional investors. Finally, the company lists its shares on the stock exchange, allowing public trading to commence.