2025-12-06 16:22:13

A brokerage firm that has been navigating the crypto space for many years is now aiming for an IPO?

According to the latest report from the Financial Times, this institution, which has handled multiple major crypto transactions, is preparing for a public listing. What’s the valuation? $10 billion to $12 billion!

What does this number mean? It indicates that the traditional capital markets’ attitude toward the crypto industry has undergone a substantial shift. Crypto brokerage operations, once seen as operating in a “gray area,” are now moving rapidly toward compliance and transparency.

Institutional players may be entering the space faster than we imagined. If this IPO succeeds, it will undoubtedly inject a strong boost of confidence into the entire industry—after all, a multi-billion dollar valuation is enough to make Wall Street take notice.

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WagmiWarrior

· 55m ago

Ten billion dollar valuation... Wall Street is finally noticing us, this feels a bit unreal. Traditional finance entering so fast? Feels like the tide is really turning... but we still have to be wary of being dumped on. If the brokerage goes public successfully, the institutions following suit will explode, all the big money is gearing up. Turning from a gray area into a compliant business, this transition is a bit intense, need to see how future policies follow up. Wait, is this really not just hype... is it really that simple to talk about a ten billion valuation? Oh my god, does Wall Street really recognize crypto now or are they just fleecing retail again... The key is that the IPO actually happens, only then does it count, in this era of endless rumors only fools believe everything. If this wave succeeds, retail investors will be one step late again, we can’t play the institutional game. Awesome! Finally, the day has come, the crypto regulars are coming. Such an exaggerated valuation... is it another bubble? I’m a bit nervous.

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SatoshiNotNakamoto

· 20h ago

A valuation of over 10 billion? Seriously? If this goes through, traditional finance is really going to get embarrassed.

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TopBuyerBottomSeller

· 12-06 16:52

$10 billion valuation? Wall Street is really starting to take this seriously, but if this IPO falls through, I’ll laugh so hard. --- From the gray area to Wall Street’s darling, the transformation really is fast, it’s hard to believe. --- Institutions are entering faster than expected, which means everyone sees this opportunity. --- Is such a high valuation reasonable? Feels like there’s quite a bit of a bubble. --- It’s definitely a shot in the arm, but only if the IPO actually succeeds. It’s too early to tell right now. --- Traditional capital is shifting; those who used to badmouth crypto have all shut up now. --- A $10 billion-level brokerage is about to go public— the entire industry landscape really is changing.

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DogeBachelor

· 12-06 16:28

$10 billion valuation? Wall Street is really going to be triggered by the crypto crowd this time, haha. I'm here. People always said the gray areas need to be cleaned up, looks like it's really happening this time. Wait... who is this broker, does anyone know? They've been talking about compliance for years, are we finally going to see some concrete action? Honestly, is this good or bad news for retail investors? I can't quite figure it out. Hmm... if even Wall Street is starting to take us seriously, does that mean the market will improve this year? Going straight for an IPO at the $10 billion level, that pace is insane. Old-timer question: which firm is this? Has anyone mentioned it before?

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CryptoPhoenix

· 12-06 16:28

The bear market tests our mentality, this time the valuation surpassed $10 billion... finally, someone believes in us. Wait, is this really going public? It's time for a mindset recovery, brothers. It's a rebirth—what was once a gray area is now compliant, and Wall Street is starting to bow its head. Ten billion dollars... does this mean the tokens I got stuck holding might finally regain their value? Back then, it was all doubts, but now institutions are lining up. I guess that's just the law of conservation of energy.

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HalfIsEmpty

· 12-06 16:23

Haha, now traditional finance really can't sit still—they're throwing around tens of billions in valuations. Feels like crypto is finally making a comeback. $10 to $12 billion? What does that number say? Wall Street is finally recognizing our system, right? Compliance is coming—what was once a gray area is coming into the open. Institutions coming in will definitely push things up. If this IPO goes through, how many followers will be waiting to jump in afterward... Just thinking about it is exciting. From underground to the NYSE—I said long ago this day would come, and it's finally here.

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rugpull_ptsd

· 12-06 16:22

Alright, now Wall Street is finally taking it seriously. Even gray areas can have a $10 billion valuation—crazy. Once the IPO is launched, others will have to follow. Institutions have already been itching to get in. $10 billion? I believe it, but it depends on how far they can go next. Another story of something coming out from underground into the spotlight—interesting. Compliance doesn’t equal easy wins; it still depends on how they play it. Is this really a turning point or just hype? Let’s wait and see. Wait, could this become the next point of harvesting?

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MrRightClick

· 12-06 16:22

Damn, over $10 billion valuation? Now traditional finance really can’t sit still. --- Compliance sounds nice, but the real game has just begun. --- Wall Street is coming to reap the profits, everyone get ready. --- From the gray area to IPO, that turnaround speed is kind of scary. --- A shot in the arm? I think it’s more like an entry ticket—whales are coming to reshuffle the game. --- Ten billion dollars—don’t you wonder if that valuation is inflated? --- If the IPO succeeds, the institutions are safe, but what about retail investors? --- Now we’ll see who really holds the power.

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