Bitwise has predicted that in 2025, Bitcoin could hit $500,000, Coinbase will enter the S&P 500 and AI agents will drive the next “memecoin mania.”
Crypto exchange-traded fund (ETF) issuer Bitwise has predicted at least five “crypto unicorns” will go public in 2025 — including stablecoin issuer Circle and crypto exchange Kraken.
The so-called “crypto bank” Anchorage Digital, analytics firm Chainalysis and crypto exchange Figure were the other three firms expected to launch an Initial Public Offering next year — selling shares to the public for the first time — Bitwise’s investment chief Matt Hougan and research head Ryan Rasmussen wrote in a “10 Crypto Predictions for 2025” report on Dec. 10.
Growing investor demand, institutional adoption, a favorable macro environment and a warmer political environment were the main catalysts that led the pair to name 2025 as the “Year of the Crypto IPO.”
