Which Crypto IPOs Could Be Next Following Circle?
Circle's IPO on the New York Stock Exchange raised over $1.1 billion, quadrupling its $31 price within 24 hours, marking the largest crypto IPO in history. Major crypto firms are now pursuing public listings, encouraged by a favorable regulatory environment under the Trump administration and the SEC's easing of enforcement actions. FalconX is considering an NYSE listing, while Gemini has filed a confidential S-1 for an IPO. Bullish, backed by Peter Thiel, has also filed for a U.S. IPO, and TRON is pursuing a reverse merger with SRM Entertainment. Kraken's parent company is preparing for a potential IPO in 2026, and Bithumb aims for a late 2025 IPO on Kosdaq. Thailand's Bitkub plans to go public this year. The current market indicates strong investor interest in crypto and AI sectors, suggesting more companies may follow Circle's lead.
