The Crypto IPO season started after NYSE success in Circle star-news.press/wp

Main meals:

• Circle was successful, as CRCL increased by approximately 290 % and renewed the renewed interest of the investor.

• The new subscription subscriptions from Gemini and Pullish Signal Gmotum momentum, and more original cryptocurrencies may be prepared to enter public markets.

• Although each list will provide explosive returns, the growing Crypto presence in stock markets is a great milestone for this industry.

Since the beginning of 2025, the subscriptions of subscriptions from the encryption companies have been accumulating. In May, Galaxy Digital, which is based in Nasdak, appeared in Nasdak. Then Circle came: The successful public subscription for USDC on June 5 achieved the beginning of a full encryption season. With CRCL now trading approximately 290 % higher than the public subscription price, not only investors have appeared – they rushed.

The message is clear: Public markets are hungry for original cryptocurrencies with real revenue, strong compliance and developmental infrastructure. It is a confidence vote – green light for other encryption companies that look forward to the highway.

The public subscription window in open Crypto. The appetite exists, and the opportunities are many.

New encryption files for public subscription: Gemini and Polish

It has not been until a week since Serls appeared on the New York Stock Exchange, and it is already other encryption companies based in New York City ascending to the public subscription board.

On June 6, Gemini announced the encryption exchange founded by Twinkvoss Twins, that it had made a draft draft registration statement (S-1) with SEC. The file is related to the proposed public subscription for its joint A. Category, although the details such as the number of shares and pricing are still not announced.

On June 11, she followed Crypto Exchange Bullish. According to the Financial Times, the Stock Exchange, which is also the PEER Thiel, has provided secret public subscription papers to SEC. Bullish had previously tried to put publicly via Spac in 2021, a step that collapsed in 2022 amid the wider market turmoil.

Now, the timing seems perfect: the United States is moving towards regulatory clarity on the assets of encryption, and institutional capital has normal exposure to encryption, and uncertainty in the global macroeconomic economy pushes investors towards diversification. The possibility of more public subscription ads.

Who is the next in the underwriting encryption line?

The most powerful speculation surrounds Kraken, a major American exchange. according to Bloomberg Reports, Kraken is said to be preparing to advertise, perhaps in early 2026. The last financing round returns to a price to 2019, when it raised $ 13.5 million with a rating of $ 4 billion.

Another candidate is Bitgo, a organized guard in the United States. In February, Reports It appeared that Bitgo was targeting the public subscription “early this year.” The company’s last evaluation, on August 2023, amounted to $ 1.75 billion.

In addition, many other encryption companies can also be considered as possible candidates for public subscription:

• Consensys, US -based Metamask developer and other ETHEREUM tools. At a value of about $ 7 billion, the company is in a strong position to follow the public subscription.

• Ledger, the French device wallet maker. With a rate of $ 1.4 billion in 2023 and recognizing the strong global brand, EURONXT or an American Stock Exchange can be announced.

• Fireblocks, the New York-based institutional custody infrastructure company, has reached $ 8 billion after the financing round of the E 2022 series. Since then, the company has been working to limit operations, characterized by a series of C-SUITE appointments in 2023 and 2024.

• The value of CHINALYSIS, another company in the field of Blockchain analyzes known as law enforcement and financial institutions, was $ 8.6 billion in 2022. The company has also witnessed leadership important changes since December 2024, in particular, to employ its first financial official.

Related to: Senate members of the United States ask the Meta Stablecoin plans in the midst of a genius ACT discussion

Will the next round of the success of Crypto IPOS Circle match?

The circle has placed the tape high. The CRCL performance of CRCL was explosive-at 240 % within days-a help in controlling the current encryption tone. However, there is a structural difference between the circle and other encryption companies that are considering advertising. The main Circle product is primarily a dollar with more blockchain -related capabilities. Her business model – pay attention to USDC reserves – very familiar to traditional financing.

The same cannot be said in relation to encryption exchange, Blockchain infrastructure companies, or data analysis platforms. These companies directly depend directly on the long -term development of Bitcoin, ETHEREUM and Environmental Web3. This is a different bet, asking investors to engage deeper into the complications of Crypto. Etoro (ETOR) and Galaxy Digital (GLXY) lists were less successful than Circle’s, as they recorded only 43-46 % on the first trading day.

However, even if the subscription subscriptions coming from Circle’s revenues do not match, their symbolic value is enormous. Each list represents a tightening link between traditional encryption and financing worlds.

Crypto has become an integral part of public markets. Some unseen companies have traditionally re-invented themselves-such as Microstrategy (MSTR), riots (riots), and mara (MARA)-while the original encoded companies are increasingly advancing. With MSTR joining Nasdaq 100 in December 2024 and Coinbase coin entering S&P 500 in May 2025, each of the world’s best stock indicators now reflects exposure to the encryption industry.

What has been rejected once as a volatile margin now produces companies ready for public subscription-and in some cases be superior to expectations.

This article does not contain investment advice or recommendations. Each step includes investment and risk trading, and readers must conduct their own research when making a decision.