From Cointelegraph

June 13, 2025 2:40:00 PM:

Circle’s IPO was a hit, with CRCL surging nearly 290%, sparking investor interest. Gemini and Bullish also filed for IPOs, indicating growing momentum in the crypto market. More crypto firms may follow suit, marking a major milestone for the industry.

Since the start of 2025, crypto IPOs have been on the rise, with eToro and Galaxy Digital debuting on Nasdaq. Circle’s successful IPO on June 5 has kickstarted a crypto IPO season, with CRCL trading significantly above its IPO price, attracting investors.

Gemini and Bullish have confidentially filed for IPOs in the wake of Circle’s success. The US is moving towards regulatory clarity on crypto assets, making it an opportune time for more IPO announcements in the industry.

Kraken and BitGo are speculated to be potential IPO candidates, along with Consensys, Ledger, Fireblocks, and Chainalysis. These companies have strong valuations and market positions, making them attractive options for going public.

While upcoming crypto IPOs may not match Circle’s success, they symbolize the tightening link between crypto and traditional finance. Companies like MicroStrategy and Coinbase have already made waves in the public markets, reflecting the growing influence of the crypto industry.

Investors should conduct their own research before making investment decisions, as every move in the market carries risks.

Read more at Cointelegraph: Crypto IPO Season Started After Circle’s NYSE Success