Summary
- Bitwise predicted that 2025 will be the year of IPO for cryptocurrency companies.
- It stated that at least five cryptocurrency unicorns, including Circle and Kraken, are expected to go public.
- It added that increasing investor demand and institutional adoption are among the factors behind the IPOs.
The upcoming year 2025 is expected to be the year when cryptocurrency companies make their debut in the securities market.
According to a report by Cointelegraph on the 11th (local time), Bitwise, an issuer of cryptocurrency exchange-traded funds (ETFs), predicted that "at least five cryptocurrency unicorns, including stablecoin issuer Circle and cryptocurrency exchange Kraken, are expected to go public in 2025."
Bitwise anticipates that 2025 will be the year of crypto IPOs due to various conditions such as increasing investor demand, institutional adoption, macroeconomic environment, and political factors.
The report forecasts that in addition to Circle and Kraken, several platforms such as Anchorage Digital, Chainalysis, and Figure are expected to enter the securities market.
YM Lee
20min@bloomingbit.ioCrypto Chatterbox_ tlg@Bloomingbit_YMLEE
