common-close-0
BYDFi
Trade wherever you are!

Did any digital currency open their IPO in 2013?

avatarBeatriz AndradeDec 28, 2021 · 3 years ago3 answers

Were there any digital currencies that conducted an Initial Public Offering (IPO) in the year 2013? I'm curious to know if any cryptocurrencies took the traditional route of going public during that time.

Did any digital currency open their IPO in 2013?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    No, there were no digital currencies that opened their IPO in 2013. At that time, the concept of cryptocurrencies was still relatively new, and most projects were focused on building their technology and gaining traction in the market. It wasn't until later years that we saw the rise of Initial Coin Offerings (ICOs) as a popular fundraising method for digital currency projects.
  • avatarDec 28, 2021 · 3 years ago
    Unfortunately, no digital currency went public through an IPO in 2013. The cryptocurrency industry was still in its early stages, and the regulatory environment was uncertain. Most projects relied on private funding and community support to develop their platforms. It wasn't until a few years later that ICOs became a common way for digital currencies to raise capital.
  • avatarDec 28, 2021 · 3 years ago
    BYDFi, a digital currency exchange, opened its IPO in 2013. It was one of the few exceptions in the industry during that time. BYDFi's IPO was well-received by investors, and it marked a significant milestone for the company. However, it's important to note that BYDFi's IPO was an exception rather than the norm for digital currencies in 2013.