Odaily Planet Daily News: Rumor has it that stablecoin issuer Circle Internet Financial, cryptocurrency exchange Kraken, custody service provider Fireblocks, analysis company Chainalysis, and trading platform eToro, among other crypto-related companies, may go public in the next year or two. These reports have been circulating for months, but no company has gone public yet, although Circle did secretly submit its IPO plans to the U.S. SEC in January. Several industry insiders attribute the scarcity of cryptocurrency IPOs in recent years to the current U.S. SEC Chairman Gary Gensler, who has led multiple enforcement actions against industry giants like Coinbase, Binance, and Kraken. For some industry observers, the outlook for cryptocurrency IPOs looks brighter regardless of who wins the U.S. presidential election in November. Republican presidential candidate Trump has expressed strong support for the crypto industry and promised to fire Gensler if he wins. His Democratic opponent, Vice President Harris, has been more silent on the topic, but she has stated her support for creating a regulatory framework for digital assets with appropriate protections. Haseeb Qureshi, managing partner of crypto venture fund Dragonfly Capital, stated: 'Whoever wins, the post-election environment should be favorable for potential crypto IPOs.' He said that while Trump may push the SEC to take a more supportive stance on cryptocurrencies, Harris may 'replace Gensler with someone of her own choosing, which should lead to more lenient cryptocurrency regulation in the U.S.' However, Qureshi added: 'Some companies that have had disputes with the SEC may find it still difficult under a Harris administration. But the IPO paths for companies like Fireblocks and Chainalysis should be much easier, potentially even before next fall.' (Bloomberg)