Trump-fueled crypto frenzy sparks rush to Wall Street IPOs


Toys with the Bullish logo, a cryptocurrency exchange operator, is displayed during the company's IPO at the New York Stock Exchange (NYSE) in New York City, U.S., August 13, 2025. REUTERS/Brendan McDermid

(Reuters) -After years of sitting on the sidelines, U.S. crypto companies are lining up to go public, buoyed by friendly policies under President Donald Trump's second administration that have pushed the value of global cryptocurrencies to a record $4.2 trillion.

Bullish, a cryptocurrency exchange operator that counts billionaire Peter Thiel among its backers, was the latest to tap U.S. public markets on Wednesday, raising over $1.1 billion.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

New on the iPhone: Shazam songs even when offline with iOS 26.4
First Robot: Melania Trump brings droid to White House event
Why AI means animal testing is not always needed to trial new medicines
Day of reckoning arrives for social media after US court loss
Teens get probation after using AI to create fake nudes of classmates
Revolut to base 40% of its global workforce in India by 2026
Apple rolls out age checks for UK users
Munich Re: AI making cyber attacks costlier and more effective
Nanya Technology shares surge 10% after $2.5 billion fundraising
Nvidia-backed Reflection AI eyes $25 billion valuation, WSJ reports

Others Also Read