U.S.-based cryptocurrency companies are capitalizing on a surge in investor interest by accelerating their initial public offerings (IPOs). A historical first, Bullish’s stablecoin-only IPO has set a precedent for other firms like Gemini and Figure Technology, who are also planning similar moves. These IPO launches highlight the potential of integrating digital assets with traditional financial markets through stablecoin settlements. The increased demand for these IPOs is partly driven by regulatory clarity expected as more companies pursue this avenue, potentially increasing institutional participation in the crypto market. Bullish’s landmark $1.15 billion raise marks a significant development for the industry.