Jefferies: crypto IPOs go reach $1T by 2031

Jefferies tok say crypto IPOs fit grow to $1T market by 2031, supported by better tokenization and more people using stablecoins. For dia first Digital Assets Investor Conference for New York (May 27), the firm gather about 150 institutional investors and executives from 35 digital-asset companies. Jefferies dey expect say the crypto IPO pipeline go slower than 2025, but still dey active: around 10 to 15 crypto-native public listings for the next 18 to 24 months. The bank highlight two main drivers: (1) tokenized real-world assets (RWA) like on-chain money market funds and private credit, wey dem dey aim for faster settlement, 24/7 trading, and wider global access; and (2) stablecoins wey dey integrated into payments and settlement flows to speed execution. Regulatory clarity dem see as catalyst. Jefferies point to the proposed CLARITY Act as one way to reduce legal uncertainty for firms wey dey consider public markets. Named deal-related developments include Securitize, Payward/Kraken, FalconX, and Bullish’s $4.2B acquisition of Equiniti to strengthen tokenized securities infrastructure. For traders, Jefferies view dey supportive for sentiment around tokenization and stablecoin-linked market infrastructure. But near-term price impact on BTC likely limited because the theme na more structural than direct catalyst tied to BTC’s trading cycle.