LionTree explores cryptocurrencies: A Report

LionTree and Wall Street Acquisitions go way back, the recent being Amazon acquiring MGM Studios. They are also behind numerous successful IPOs (Initial Public Offering), despite being a comparatively small firm. Also, it paved the way for merging Discovery Inc. and Warner Media and helped Snap Inc to launch an IPO.

Now, it is exploring crypto payment options, according to CEO Aryeh Bouroff. Why? Because it has got potential, in different aspects as decentralized finance (DeFi), and non-fungible tokens (NFTs).

Cryptocurrencies are usually protected against inflammation, and they offer higher yields and returns. They have some flaws that should be overcome, he added.