Circle’s Blockbuster IPO Signals Major Crypto Public Offering Wave, Bybit Analysis Shows
DUBAI, UAE, June 10, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, features Circle’s successful initial public offering (IPO) in the latest Bybit Crypto Insights Report, analyzing where Wall Street missed—massive pre-IPO undervaluation, and which crypto juggernauts are positioned to capitalize on the emerging IPO wave.
Circle (NYSE:CRCL), the issuer of the USDC stablecoin, demonstrated the market’s appetite for crypto equities when its stock surged from an IPO price of $31 to close at $107 in its first week of trading. The new Bybit report looks beyond the ticker to…