💼 Institutional Moves & Market Infrastructure

• Circle’s IPO: crypto’s big public debut

Circle Internet Group, issuer of USDC, soared after its IPO—up 168% initially and another 12% in pre-market trading. Gemini has since filed for its own IPO with the SEC .

• Traditional companies piling into Bitcoin treasuries

Around 60 non-crypto companies have added cryptocurrencies—Bitcoin, Ether, Solana, XRP—to their treasuries. Total investments since April amount to $11.3 billion, with some firms issuing debt to finance purchases. Analysts warn of volatility risks .