Crypto IPO Boom 2026: Kraken, Consensys, BitGo, Animoca Brands, Ledger, and Bithumb Lead the Charge

COINOTAG News, citing DL News, reports that crypto IPOs in 2025 totaled about $3.4 billion, signaling a maturing market and sustained demand for public listings into 2026. The coverage highlights stronger governance, enhanced infrastructure, and robust custody as key drivers behind renewed investor confidence and sector resilience.

Kraken, a U.S.-based exchange, reportedly targets a 2026 listing with a valuation cited in media. Consensys, MetaMask’s developer, is valued around $70 billion and moving toward readiness with JPMorgan and Goldman Sachs. BitGo, a leading custody firm, emphasizes compliance and security ahead of a potential IPO. Animoca Brands, a Web3 gaming group, may pursue a reverse merger at about $60 billion. Ledger, with over 6 million devices sold, aims to become a premier crypto security brand. Bithumb, Korea’s exchange, has Samsung Securities as lead underwriter for a domestic IPO. Analysts see these plans signaling maturation in compliance, infrastructure, and security.