Bloomberg (Crypto)
2025-08-05 21:14:47

Signs of Heat Emerge in a Crypto Market Anchored Around One Bet

A reminder for those living under a rock: the market for crypto IPOs has heated up, says Emily Mason.Circle’s stock has jumped 397% since its debut, and names like Figure, Bullish, Gemini, and BitGo are waiting in the wings. They’re different businesses, but they’re all tethered to the same force: crypto sentiment.

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