Crypto isn’t ‘run from garages’ anymore: MEXC’s Tracy Jin on IPO boom

Tracy Jin of MEXC asserts that regulatory clarity and market maturation are driving the crypto IPO boom. Companies like Circle and Gemini are leading this trend, with Circle achieving 1.1 billion USD in its IPO.

Market sentiment surrounding Bitcoin and Ether ETFs is improving, becoming a catalyst for increased IPO activity. MEXC’s COO acknowledges sustainable momentum yet emphasizes that only companies with strong business models will thrive.

Asia is poised for increased crypto activity, with efforts seen in initiatives such as Metaplanet’s Bitcoin treasury strategy. Jin believes that emerging financial engineering in crypto may attract institutional interest.

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