Ripple President Monica Long told Bloomberg there is no set timetable for an initial public offering, signaling the company intends to stay private for the foreseeable future. The update could temper expectations for a near-term public listing and affect investor planning around XRP.
The NYSE has tightened controls on major IPOs while creating clearer, regulated listing routes for crypto companies and digital-asset products, signaling a shift of digital assets into mainstream capital markets.
HashKey Holdings, Hong Kong’s largest licensed crypto exchange, plans to raise about HK$1.6 billion (US$206 million) in a Hong Kong IPO after pricing shares at HK$6.68 each, a source said Monday.
Figure Technology has filed a second IPO to issue its equity directly on the Solana blockchain, marking another push toward tokenized securities. The filing, announced Dec. 13, 2025, could deepen on-chain capital markets if regulators sign off.
SpaceX shifted another 1,021 BTC (≈$94.5M) through Coinbase Prime, bringing its recent transfer total to 8,910 BTC as it consolidates custody. Arkham shows some previously identified SpaceX coins now at different addresses, while Tesla still holds 11,509 BTC (~$1.24B).
HashKey Group, Hong Kong’s largest licensed cryptocurrency exchange, plans to raise up to HK$1.67 billion (US$214.66 million) in an initial public offering in the city, according to a prospectus filed on Tuesday. The move marks a high-profile attempt to tap public markets amid growing institutional interest in Asia’s crypto hubs.
Jack Mallers–led Twenty One Capital will begin trading on the New York Stock Exchange under ticker XXI on December 9. The move positions the firm as the latest Bitcoin-focused company to go public amid a friendlier regulatory backdrop under President Trump.
New York brokerage Clear Street is preparing an IPO that could value the firm at $10–12 billion, the Financial Times reports. The plan follows its emergence as a major underwriter for crypto treasury deals.
Dunamu, parent of South Korea’s Upbit exchange, is reportedly exploring a Nasdaq listing after a merger with Naver, a move that could open U.S. investor access to Korea’s crypto market. Details remain preliminary and timing is unclear.
Thailand’s Bitkub is reportedly exploring a Hong Kong IPO to access international capital and raise its regional profile, Bloomberg sources say. The plan would bolster investor visibility but faces timing and regulatory questions.