Crypto IPOs in 2025 show significant activity, with Figure and Gemini raising their funding targets, attracting attention from institutional investors.
Activity of Crypto IPOs in 2025
Crypto companies Figure and Gemini are raising their IPO funding targets. Figure, led by Michael Tannenbaum, aims for a [**$693 million IPO**](https://www.sec.gov/Archives/edgar/data/2064124/000162828025041443/figuretechnologysolutionsi.htm). Support from Goldman Sachs and Jefferies indicates strong institutional backing. Gemini, founded by the Winklevoss twins, targets a **$2.1 billion valuation**, backed by a [**$50 million investment from Nasdaq**](https://coinlaw.io/gemini-nasdaq-ipo-partnership-expansion/).
Market Implications
These funding activities are anticipated to increase demand for BTC and ETH. Analysts expect a surge in institutional investments in core tokens, aided by expansion strategies like Gemini's growth in Europe. Market confidence is likely to see an upward shift. Financially, Figure's raised IPO target enhances its capability to innovate in lending technology. Meanwhile, Gemini's expansion into derivatives and staking signals broader industry growth. Cameron Winklevoss, Co-Founder of Gemini, stated, "Our expansion into Europe enhances our ability to provide innovative crypto services like staking and derivatives, which are essential for driving liquidity and asset flows."
Future Prospects
IPO aspirations by firms like Figure and Gemini are shaping future crypto market landscapes. Industry observers predict increasing regulatory scrutiny; however, successful listings could drive [**technological advancements**](https://www.sec.gov/Archives/edgar/data/2064124/000162828025041798/figuretechnologysolutionsi.htm) in blockchain solutions and financial flows. Historical data indicates that crypto IPOs, such as Circle's, saw marked success, emphasizing robust investor interest. Should similar enthusiasm emerge, regulatory bodies may accelerate creating conducive frameworks. Such progress might bolster technology-led financial ecosystems profoundly.
Thus, the increasing IPO funding from Figure and Gemini signifies important changes in the cryptocurrency market and demonstrates potential for further growth and innovation in this sector.
