In a dramatic turn of events, Jack Mallers—founder of Strike and a prominent Bitcoin advocate—just dropped a bombshell: he's moving forward with IPO plans. The twist? This comes right after a major traditional bank shut down his accounts without warning.
The timing isn't coincidental. Mallers has been vocal about the friction between legacy financial institutions and the crypto space. Having your banking relationship severed by one of Wall Street's giants would derail most people. Instead, Mallers is doubling down, pivoting toward public markets.
This isn't just corporate drama—it's emblematic of a broader clash. Traditional banks continue gatekeeping access while Bitcoin builders explore alternative paths to capital and legitimacy. Whether this IPO materializes or not, the message is clear: deplatforming won't stop innovation.
The crypto community is watching closely. Will this be a turning point for how Bitcoin companies engage with public markets? Or just another chapter in the ongoing standoff between old money and new tech?
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ContractHunter
· 12-06 19:20
Having bank accounts frozen actually sped up the IPO—this guy is really ruthless. While traditional finance is still playing by the old rules, we’re already paving our own way.
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mev_me_maybe
· 12-05 21:28
Getting his bank account blocked actually sped up the IPO—this guy is really ruthless.
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SeasonedInvestor
· 12-04 23:50
Bank account closures have actually accelerated the IPO—this guy is truly ruthless. The more they crack down, the tougher he gets. This move by traditional finance is really an unintended boost.
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zkProofInThePudding
· 12-04 23:50
Bro, that's a bold move—got banned and immediately turned around to IPO. That's exactly the "I'll do it my way" vibe.
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GasFeeCryBaby
· 12-04 23:49
Bank account closures have instead spurred an IPO? This guy is really tough, voting with his feet is just brilliant.
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MetaNomad
· 12-04 23:40
Bank account closures are actually accelerating the IPO—this guy is really playing hardball.
In a dramatic turn of events, Jack Mallers—founder of Strike and a prominent Bitcoin advocate—just dropped a bombshell: he's moving forward with IPO plans. The twist? This comes right after a major traditional bank shut down his accounts without warning.
The timing isn't coincidental. Mallers has been vocal about the friction between legacy financial institutions and the crypto space. Having your banking relationship severed by one of Wall Street's giants would derail most people. Instead, Mallers is doubling down, pivoting toward public markets.
This isn't just corporate drama—it's emblematic of a broader clash. Traditional banks continue gatekeeping access while Bitcoin builders explore alternative paths to capital and legitimacy. Whether this IPO materializes or not, the message is clear: deplatforming won't stop innovation.
The crypto community is watching closely. Will this be a turning point for how Bitcoin companies engage with public markets? Or just another chapter in the ongoing standoff between old money and new tech?