The post 2025 Crypto IPO Surge: Circle’s USDC Issuer, Bullish, eToro Debut; Kraken, Others May Follow appeared on BitcoinEthereumNews.com.

Crypto IPOs in 2025 saw Circle, Bullish, and eToro go public on major exchanges, with Kraken filing for its debut at a $20 billion valuation. This surge reflects booming retail interest, favorable politics, and a revived U.S. IPO market, marking the industry’s return to Wall Street. Circle’s NYSE debut halted trading three times due to high demand, though shares later softened amid Fed rate cuts. Bullish’s Nasdaq listing in August saw shares skyrocket, following a canceled SPAC attempt. Kraken filed post-$800 million raise, targeting a swift public launch pending SEC review; eToro hit $5.4 billion valuation. Crypto IPOs 2025 exploded with Circle, Bullish, eToro debuts and Kraken’s filing. Driven by market resurgence, discover key players reshaping Wall Street. Stay ahead—read insights now! What Are the Major Crypto IPOs in 2025? Crypto IPOs in 2025 represented a pivotal moment for the industry, as firms like Circle, Bullish, and eToro successfully listed on public exchanges. Circle, issuer of the USDC stablecoin, debuted on the New York Stock Exchange amid overwhelming investor enthusiasm, while Bullish and eToro followed on Nasdaq. Kraken positioned itself for a quick market entry after a major funding round, signaling broader momentum. How Did Circle’s IPO Perform and What Challenges Followed? Circle’s transition to public markets capped years of anticipation. The company, valued at up to $9 billion in a prior failed SPAC merger with Concord Acquisition Corp in 2021, finally listed in 2025. Trading halted three times on debut day due to volatility, as noted by New York Stock Exchange President Lynn Martin, who called it a bellwether for crypto listings. Post-IPO, shares faced pressure from Federal Reserve rate cuts, reducing yields on USDC’s cash reserves. Reuters highlighted this as part of a broader rush to Wall Street IPOs, fueled by crypto’s resurgence. Barron’s reported that crypto flotations…

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Filed under: News - @ December 27, 2025 2:24 pm