Crypto IPOs continue strong 2025 as Figure, Gemini raise funding targets
Figure Technologies and Gemini are the latest crypto-native firms looking to replicate the cryptocurrency sector’s initial public offerings (IPOs) success of earlier listings like Circle and Bullish, riding on a wave of renewed investor confidence and regulatory clarity.
Kraken, Grayscale, and BitGo also have upcoming IPOs, as investors continue to show a sustained appetite for crypto public listings, encouraged by recent regulatory clarity and the pro-crypto Trump administration in the U.S.
Figure raises IPO target
Stablecoin issuer Figure Technologies has officially increased the size of its IPO and raised the price range as retail investors bid up crypto-related stocks.
The company is currently marketing the IPO at a price…