Odaily Planet Daily reports that Jefferies, an investment bank on Wall Street, says that as institutional investors accelerate their shift toward blockchain financial infrastructure, the crypto and blockchain sectors could see a new wave of IPOs over the next two years, forming a public market worth $1 trillion within five years.
Jefferies released a report stating that the industry's focus is shifting from speculative trading of crypto asset prices to comprehensive integration of blockchain infrastructure by banks, exchanges, asset managers, and payment institutions. Companies such as Payward, the parent company of Kraken, and Securitize are advancing their IPO plans, with more crypto-related firms expected to enter public markets in the future. Tokenization is seen as a key driver of this structural shift, with money market funds, private credit, and on-chain settlement systems already entering practical implementation stages. A gradually clearer regulatory environment will further accelerate institutional adoption.
Currently, the market is shifting from short-term speculation to long-term technological reassessment, and crypto IPOs could become a vital gateway connecting traditional capital markets with on-chain economies. (CoinDesk)