Big Law’s Next Crypto Bonanza Beckons With New Wave of IPOs (1)

June 12, 2025, 9:15 AM UTCUpdated: June 12, 2025, 4:45 PM UTC

Welcome back to the Big Law Business column. I’m Roy Strom, and today we look at a wave of initial public offerings by crypto companies. Sign up for Business & Practice, a free morning newsletter from Bloomberg Law.

Big Law firms are poised to cash in on an emerging wave of initial public offerings by cryptocurrency companies—just as a gushing spigot of legal fees from crypto-related bankruptcies turns off.

Amid an overall tepid market for new share listings, a handful of crypto companies have begun trading on public markets this year, including Circle Internet Group Inc., EToro Group ...

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