... companies and internet giants (e.g., Ozon, Yandex, Tinkoff), provided the political conditions allow for their stock offerings. Financial Sector and Investment Funds. The listing of additional banks, insurance, and investment firms (including through the ... ... Complexity of IPOs. For issuers, going public involves substantial expenses (preparation of the prospectus, underwriting services, auditing, and ratings). Additionally, stringent regulatory requirements and administrative procedures are in place. This is particularly ...

... along with legal advisors and investment bankers, prepares the prospectus (or another document for investors). The prospectus details the company's business, the goals for raising funds, financial performance, and risks. Appendices are also prepared: audit reports, financial statements for several years, information on current shareholders, and plans for market entry. Prospectus registration. The offering prospectus is registered with a regulatory body (in Russia, with the Central Bank, which acts as the securities ...

... of preparation. The optimal timing is when the company has developed its strategy and is in final preparations for the IPO (audits completed, investors lined up). This reduces the risk of cancellation but offers a lower discount to valuation. At early ... ... occur only after the IPO or sale of the company. Investors need to prepare for timeline shifts. Monitoring regulatory changes. Financial legislation can evolve. For instance, rules regarding participation by non-qualified investors are periodically reviewed....

... dollar-pegged tokens (stablecoins) to fully back the issued coins with liquid reserves, as well as to undergo mandatory annual audits for large companies (with a market capitalization over $50 billion). The new rules aim to protect investors and enhance ... ... the idea of creating a national cryptocurrency reserve based on Bitcoin, which would constitute an unprecedented step for the financial system. Although the specifics of the report are still unknown, the very fact that top government officials are paying ...

... into traditional banking. Regulators, witnessing such moves, increasingly view stablecoins not as threats but as a part of the financial infrastructure. International organizations (IMF, Bank for International Settlements) are issuing recommendations for ... ... dollars for payments and trading. Moreover, Circle holds 100% of its reserves in high-quality liquid assets and undergoes regular audits, meaning even in times of stress, the company has the resources to withstand mass redemption requests for USDC. Thus, our ...