BiyaPay Analyst: Cryptocurrency Project Accelerates Backdoor Listing on US Stock Market, Token Price Remains Stagnant as Stock Price Takes the Lead
BlockBeats News, July 30th. Recently, cryptocurrency projects have accelerated their layout in the US stock market, with a significant trend towards reverse mergers. Following MicroStrategy's stock price surge through Bitcoin investment, over 100 listed companies have now disclosed their allocation of Bitcoin assets, with some companies also including tokens such as ETH, XRP, SOL, TRON, BNB, and DOGE in their plans.
Market data shows that the prices of US stock shells have doubled in the short term. Some large token holders have acquired shell resources through holding companies, disclosed their positions, and created a market value effect, transforming their crypto assets into listed company assets, leading to the phenomenon of "token prices remaining stable while stock prices rise first."
Against this backdrop, BiyaPay is providing a channel supporting USDT trading of US stocks, offering investors a convenient entry point to participate in the "token capitalization" trend.
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