On June 13, PANews reported, according to CoinDesk, that JPMorgan released a report stating that the U.S. cryptocurrency regulatory environment is expected to continue improving due to the advancement of the GENIUS Act, prompting more cryptocurrency companies to seek IPOs. So far this year, the number of cryptocurrency IPOs has reached the same level as during the 2021 bull market, with companies such as Ripple, Kraken, ConsenSys, and Bullish preparing for listing. The report also pointed out that venture capital activity is higher than during the same period in 2023/24, indicating a rebound in market confidence.
