Crypto Companies That Could Be Next for IPO:

1. Circle (USDC issuer):

Already filed for IPO in the past. Strong financials, clear regulatory path in the U.S., and deep institutional relationships.

High probability.

2. Ripple (XRP issuer):

Post-SEC battle, Ripple is positioning itself as a global cross-border settlement network.

Has hinted at going public — likely outside the U.S. if regulatory risk persists.

3. Ledger (hardware wallets):

Booming on the back of self-custody narratives. Could follow in the steps of security firms like Fortinet or Okta.

4. Animoca Brands (Web3 gaming):

Already public in Australia before delisting; might return via Hong Kong or a U.S. SPAC route.

5. Consensys (MetaMask, Infura):

Deep Ethereum roots. If Ethereum Layer 2 adoption soars, Consensys becomes a key infra play.

6. Tether or Bitfinex parent (iFinex):

More controversial, but given Tether’s massive profits and dominance, there could be appetite — especially offshore.

#PowellRemarks