Tiger Research's recent report, "IPOs in the Web3 Industry, A New Silk Road for Fundraising," reveals a growing trend of Web3 companies leveraging Initial Public Offerings (IPOs) as a strategic tool. These IPOs are not solely for raising capital; they serve a crucial purpose in demonstrating regulatory compliance to investors and authorities. The report suggests that by navigating the rigorous IPO process, Web3 firms signal their commitment to transparency and adherence to legal frameworks. This builds trust among institutional investors, who are often hesitant to engage with the nascent and sometimes opaque Web3 space. Furthermore, successful IPOs facilitate entry into the mainstream market, boosting visibility and credibility. Ultimately, Tiger Research's analysis points to IPOs as a significant avenue for Web3 companies seeking legitimacy, funding, and broader market adoption in an evolving regulatory landscape. ```