Circle (CRCL) IPO Soars, Sparks Talk of Crypto Public Listing Boom — TradingView News
Circle (CRCL, Financials), the issuer of USDC, saw its shares jump 245% in its debut weekan explosive public market entrance that could set off a wave of crypto IPOs, according to a new report from Bybit.
The Dubai-based exchange, which ranks second globally by volume, said Circle’s oversubscribed offering and first-week surge underscore rising institutional appetite for crypto equities. Analysts at Bybit believe Wall Street significantly underpriced the deal, underestimating demand and the sector’s valuation dynamics.
The Circle IPO isn’t just about one companyit’s a signal that crypto is being taken seriously in traditional markets, the report noted.
The Bybit Crypto Insights report names six other crypto-native companies preparing for…
