$BTC
Circle's debut on the New York Stock Exchange marked the beginning of the IPO season for crypto companies.
The IPO season for crypto companies is underway. Circle's spectacular debut has boosted the applications of Gemini and Bullish, and Kraken, BitGo, and Consensys may be next.
🔥Key Takeaways:
Circle's IPO was a success, with CRCL soaring nearly 290% and sparking renewed interest among investors.
The new IPO applications from Gemini and Bullish indicate growing momentum, and more native crypto companies may be preparing to enter public markets.
Although not all listings will generate spectacular returns, the growing presence of cryptocurrencies in stock markets represents a significant milestone for the sector.
Since the beginning of 2025, IPOs from cryptocurrency companies have accumulated. In May, the Israeli stock exchange eToro and the Delaware-based financial services company Galaxy Digital debuted on the Nasdaq. Then came Circle: the successful IPO of the USDC issuer on June 5 firmly marked the start of a full-fledged IPO season for cryptocurrency companies. With CRCL now trading nearly 290% above its IPO price, investors not only came but rushed to do so.