Recent news from the crypto industry funding market has been quite positive. Data shows that by 2025, crypto companies will have raised approximately $3.4 billion through IPOs, which is already a significant achievement. Even more promising is the industry-wide expectation that 2026 will see a wave of more intensive listings, mainly focusing on companies with strong compliance DNA and infrastructure attributes.

Just looking at the latest moves of several leading companies can give a sense of this enthusiasm. Kraken, a well-known exchange, has a target valuation of about $20 billion, making it a heavyweight player in the industry. Consensys, although diverse in its identity, has a recent valuation of around $7 billion, highlighting its value in the Web3 infrastructure sector. BitGo, a digital asset custody solution provider, is valued at approximately $1.75 billion and holds a position in institutional-grade services. Animoca Brands is an active player in the gaming and metaverse fields, with an estimated valuation of about $6 billion.

These figures reflect the increasing maturity of the entire industry — transitioning from wild growth to regulated development, from speculative hype to fundamentals-driven growth. The IPO wave in 2026 is likely to become a key milestone for the crypto industry.