Crypto IPO Success: Circle and Galaxy Shine, Others Lag

The cryptocurrency Initial Public Offering (IPO) market experienced a mixed bag in 2025. While some companies saw their valuations soar after going public, others faced significant setbacks. Circle Internet Group and Galaxy Digital stand out as clear winners thanks to robust revenues and strong market acceptance. However, other notable IPOs like eToro, Bullish, and Gemini have underperformed, with shares dropping considerably after debut performances.