🚀 2025=the first year of cryptocurrency IPO? Circle successfully went public with a valuation of $9.1 billion, marking the beginning of its first stablecoin stock 🔑 Subsequently, veteran players such as Bullish, Gemini, BitGo, Kraken, and others collectively initiated the IPO process 📈 📊 This is not only a sign of capital recovery, but also a signal of the integration of Web3 and TradFi: ✅ Compliance dividend release ✅ Traditional underwriters return ✅ Investor confidence restored But don't forget: regulatory fragmentation, unstable income, and decentralized governance conflicts are still hidden concerns ⚠ 🌐 Who will be listed next? Web3 has just entered Wall Street. CryptoIPO Circle Web3 USDC