ক্রিপ্টো আইপিও বুম

মার্কেটটি নিউক্লিয়ার

জুন 2025-এ, CIRCLE NYSE-এ \(31-তে IPO-তে। 1সপ্তাহে \)292.77-এ! 844% -এরউচ্চতা।

বহিরঙ্গভাবে: ‘অনবচ্ছিন্ন’।

CME-এ derivative-trading; DeFi protocols - ancient texts!

অবশ്യই: Wall Street is now betting on digital assets.

Why Now? The Perfect Storm

1. Regulatory clarity: GENIUS Act (63–30) — stablecoin regulation.
2. Bitcoin $100K: Price momentum = confidence.
3. Investor fatigue: No more custody risk — want exposure only.

This is an asymmetric opportunity: low downside, high upside.

The New Playbook: How Crypto Companies Are Going Public

1. Traditional IPO – Circle: clean books, transparent reserves.
2. Direct listing – Coinbase’s precedent; Galaxy Digital used it too.
3. SPAC merger – Tether-backed XXI became Bitcoin’s liquid stock alternative.
4. Reverse merger – Tron used SRM Entertainment as shell? Sun Yucheng’s genius move — theater with real impact.
5. Dual listings – OKX eyeing US & Hong Kong to hedge risks.

All signal one thing: crypto wants legitimacy through compliance.

Stocks That Are Playing Hardball With Crypto Risk

• MicroStrategy ($MSTR): ~592k BTC held — over 2% of total supply. Stock moves with BTC more than any other company.
• Circle (\(CRCL): \)17B/year from USDC interest alone — ‘passive income machine’
• Twenty One Capital (\(XXI): Holds \)36B in BTC — more than many sovereign funds before them.
• DeFi Development ($DFDV): Switched to Solana treasury → surged 28x after announcement — narrative beats fundamentals… for now.

These aren’t just stocks—they’re proxies for macro-level bets on digital scarcity and financial reengineering.