📈 WHALE INSIGHT: Crypto IPOs Attract Institutional Investors Despite Bitcoin Price Drop
The price of $BTC has decreased by 19% from $72,000 to $58,000 in June 2026, but institutional investors are still pouring money into three upcoming IPOs: Kraken, ConsenSys, and Ionic Digital. Instead of panic selling, investors see this as an opportunity to restructure their portfolios towards assets with real business foundations before the market recovers. This shift marks a new maturity stage, where stock value is determined by business cash flow rather than just the underlying asset's volatility.
Kraken's valuation of $13 billion surpasses its listed competitors, with a trading volume of $1.27 billion. The company's IPO, initially planned for March 2026, was postponed due to bearish market conditions. The delay demonstrates the management's strategic caution, prioritizing the optimal timing to avoid undervaluation. Pre-IPO stocks on Forge Global have risen from $29 to $36, despite being 47% lower than the November peak of $69.
ConsenSys, the developer of Ethereum and MetaMask, has postponed its IPO to September-December 2026 to avoid immediate selling pressure. The company is working with JPMorgan and Goldman Sachs, indicating thorough preparation for the public offering. ConsenSys's last funding round in March
The price of $BTC has decreased by 19% from $72,000 to $58,000 in June 2026, but institutional investors are still pouring money into three upcoming IPOs: Kraken, ConsenSys, and Ionic Digital. Instead of panic selling, investors see this as an opportunity to restructure their portfolios towards assets with real business foundations before the market recovers. This shift marks a new maturity stage, where stock value is determined by business cash flow rather than just the underlying asset's volatility.
Kraken's valuation of $13 billion surpasses its listed competitors, with a trading volume of $1.27 billion. The company's IPO, initially planned for March 2026, was postponed due to bearish market conditions. The delay demonstrates the management's strategic caution, prioritizing the optimal timing to avoid undervaluation. Pre-IPO stocks on Forge Global have risen from $29 to $36, despite being 47% lower than the November peak of $69.
ConsenSys, the developer of Ethereum and MetaMask, has postponed its IPO to September-December 2026 to avoid immediate selling pressure. The company is working with JPMorgan and Goldman Sachs, indicating thorough preparation for the public offering. ConsenSys's last funding round in March