Crypto IPOs Face a Defining Test as Public Markets Turn More Selective in 2026
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Crypto companies are returning to public markets after several years on the sidelines. Listings in 2025 reflected renewed confidence following a prolonged slowdown. The larger test, however, still lies ahead. White & Case partner Laura Katherine Mann says 2026 will determine whether crypto IPOs can maintain investor trust beyond market cycles.


In brief
- Crypto IPOs returned in 2025 with listings from Circle, Bullish, and Gemini, signaling renewed confidence…




