Crypto IPO Season Started After Circle’s NYSE Success
Key takeaways:
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Circle’s IPO was a success, with CRCL soaring almost 290% and sparking renewed investor interest.
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New IPO filings from Gemini and Bullish signal growing momentum, and more crypto-native firms may prepare to enter public markets.
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While not every listing will deliver explosive returns, crypto’s growing presence in equity markets marks a major milestone for the industry.
Since the beginning of 2025, IPOs from crypto companies have been piling up. In May, Israeli exchange eToro and Delaware-based financial services firm Galaxy Digital made their Nasdaq debut. Then came Circle: the USDC issuer’s wildly successful IPO on June 5 has firmly marked the start of a full-blown crypto IPO season. With CRCL now trading almost 290%…
