The crypto IPO class of 2025-26 is down as much as 89%. Autopsy of a listing boom

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July 9, 2026 · 11:14 AM

The crypto IPO class of 2025-26 is down as much as 89%. Autopsy of a listing boom

Gemini fell 89% from its debut, BitGo 77%, Bullish 71%, and the IPO pipeline froze. What killed the crypto listing boom and what reopens the window.

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The crypto IPO class of 2025-26 is down as much as 89%. Autopsy of a listing boom | cryptobinto