FalconX hits the IPO, will the first share of the crypto brokerage copy Circle or Coinbase?

On June 5

2025, stablecoin giant Circle was officially listed on the New York Stock Exchange at an issue price of $31 per share, significantly higher than the early estimate of $24 ~ $26. What's even more remarkable is that as of now, the price of CRCL has climbed to $214 after hours, and the market value has exceeded $48 billion, a cumulative increase of nearly 600% in just over ten days. At the same time, a new batch of crypto stocks such as SBET and SRM also performed strongly. Against

the backdrop of the continuous improvement of the regulatory environment in the United States and the acceleration of institutional funds, the trend of crypto companies "going to Wall Street" is accelerating in an all-round way. According to the main business positioning, exchanges, stablecoins, and mining have all been represented, and the crypto prime broker FalconX was revealed to be preparing a listing plan within the year. The $8 billion company, which serves...

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