What’s more, a big wave of crypto companies are lining up for IPOs this year. Instead, pretty familiar names, as Ripple, Kraken, ConsenSys and Bullish are one of them. JPMorgan analysts warned this IPO boom could be a sign that the market is becoming more bullish, like it was in early 2021.

With JPMorgan’s recent research note, as reported by Coindesk, we have perhaps uncovered a much more bullish trend. A friendlier regulatory climate here in the United States is behind a renewed interest among crypto firms to seek public listings. The analysts, led by Nikolaos Panigirtzoglou, point to the Senate’s progress on the GENIUS Act. They hope that this development will increase optimism around a more transparent and favorable regulatory structure for crypto.

The GENIUS Act is seen as a much needed step to not only offer clear guidelines, but add legitimacy to the growing digital asset space. This unrealized pivot is opening the door for companies who had long been scared off by regulatory ambiguity to test the public markets now.

Venture capital funding is booming as well. According to JPMorgan’s painstakingly compiled research, investment levels, when annualized, have skyrocketed well beyond last year’s numbers. This spike is indicative of a resurgence in interest to fund or establish blockchain and crypto-related initiatives.

Stablecoins, cryptocurrencies pegged to stable assets like the U.S. dollar or gold, play a crucial role in crypto markets and international money transfers. Their stability makes them absolutely critical to facilitating transactions and providing the liquidity that the rest of the digital asset ecosystem needs.

Beyond the expected surge of IPOs, JPMorgan’s analysts observed a substantial uptick in venture capital activity. This confluence of factors points to a maturing crypto market taking on wider institutional interest.