#CryptoStocks

Circle Internet Group's stock (CRCL) soared 34% to a record high of $200 following the U.S. Senate's passage of the GENIUS Act, a landmark stablecoin regulation bill. This surge, alongside Circle’s successful IPO raising $1.1 billion, signals strong investor enthusiasm for crypto equities, potentially sparking a wave of public listings. The GENIUS Act enhances stablecoin legitimacy, boosting companies like Circle and Coinbase. However, some question whether this reflects genuine demand or short-term hype, with risks like regulatory delays and Federal Reserve rate cuts looming. Potential crypto IPO candidates include Ripple, Kraken, Gemini, MoonPay, and Phantom, capitalizing on favorable market conditions.