Here are the latest crypto news for August 20, 2025 🔥

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🏦 Bullish conducted an IPO of $1.15 billion — fully in stablecoins

- The Bullish exchange became the first to conduct an IPO on the NYSE, financed entirely in stablecoins: USDC, EURC, PYUSD, RLUSD, USD1, and others.

- BLSH shares rose by 150% on the first day, but are now trading at $59.5 — still +46.6% from the start.

🪙 USD1 — among the key assets of the IPO

- The stablecoin USD1, associated with WLFI and the Trump family, was among the main funding assets.

- This enhances its status as an institutional asset.

🔓 Today — unlocking of KAITO tokens (9.67%)

- KAITO holders gain access to frozen tokens. This may affect the asset's volatility.

🌴 Coinfest Asia 2025 is coming up (August 21)

- The world's largest crypto festival kicks off tomorrow in Indonesia.

- Many announcements are expected from Web3 projects and blockchain startups.

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