Following Circle’s successful IPO that raised $1.1 billion and saw its stock price quadruple, other prominent crypto firms are preparing to go public. Companies such as FalconX, Gemini, and Bullish are among those lining up for IPOs as a favorable regulatory environment emerges under the Trump administration. FalconX is reportedly in early talks for an IPO in 2025, aiming to meet growing demand for digital assets. Gemini, led by the Winklevoss twins, has filed a confidential registration for its IPO shortly after Circle's announcement, with expectations to list before the year ends. Bullish, backed by Peter Thiel, has also filed for an IPO after previously withdrawing from a SPAC merger due to market conditions. Additionally, exchanges like Kraken and international firms like Bithumb and Bitkub are making strides towards their own public offerings. This wave of IPOs could signify a significant integration of crypto into mainstream finance, especially as investor demand surges and regulatory clarity increases.

Source 🔗