The encryption asset market welcomes a historic recovery

The encryption asset market is experiencing a remarkable recovery. From early 2024 to mid-2025, the market has shown astonishing growth and resilience, surprising even seasoned financial experts.

This round of recovery is built on a more solid foundation. Fraudulent activities have decreased, technology has matured, and the scale of investors and participants has significantly expanded. With the enthusiasm of institutional investors and retail investors, the listing and trading activities in the encryption industry are flourishing.

Circle Leads the Trend in Listing

The successful listing of a stablecoin issuer marks the wave of public listings of encryption assets. Its stock price surged from the IPO price of $31 to $107, with a first-day increase of over 168%, far exceeding market expectations. This success may prompt more encryption companies to accelerate their listing plans and also reflects the increasing public acceptance of digital assets.

More IPOs on the way

The recent increase in IPOs of encryption assets indicates a growing confidence in the industry to attract mainstream investors. This trend brings greater transparency, regulatory scrutiny, and capital inflows, which may solidify the position of encryption assets in traditional financial markets.

Several well-known encryption companies are preparing for an IPO. A certain encryption trading platform has submitted confidential IPO documents to regulators. Another trading platform operated by well-known twins has also revealed that it has submitted listing documents. There are also rumors that a trading platform in San Francisco is preparing to go public in early 2026.

Encryption trading surges

The trading activity in the encryption asset sector is thriving, thanks to strong business growth, political support, and regulatory backing. The U.S. encryption trading market is expected to grow from $9.8 billion in 2024 to $29.8 billion in 2033. The European market is also projected to increase from $6.9 billion in 2024 to $27.6 billion in 2033.

In 2024 and the first quarter of 2025, the transaction volume in the technology and financial services sectors in the United States and Europe significantly expanded. A total of 93 agreements were announced in 2024, with a total value of $4.1 billion, a 2.5 times increase compared to the previous year, and a 19% rise in transaction volume.

Looking to the Future

Driven by favorable transatlantic policies, the integration of fintech and encryption assets will become an important trend to watch in 2025. Financial institutions and payment companies are working to improve the efficiency of digital products, while emerging encryption companies will expand their scale through mergers and acquisitions in a competitive market. These dynamics will rapidly reshape the market, and mergers and acquisitions will play a key role in achieving this goal.