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BiyaPay Analyst: Encryption concept stocks are driving a recovery in US stock IPOs, with a concentrated wave of listings expected this fall.
BlockBeats news, on August 22, BiyaPay analysts expect that dozens of companies may go public in the U.S. by the end of the year, with a total fundraising amount potentially exceeding $15 billion. Multi-asset trading platform BiyaPay’s U.S. stock market data shows that after successful listings of stablecoin issuer Circle and tech company Figma, their stocks saw a first-day rise of more than double, which further stimulates more potential listed companies to accelerate their pace of going public. Crypto Assets companies like Gemini and Figure are accelerating their listing applications.