Following the successful public debuts of Circle Internet Corp. (CRCL.US) and Bullish (BLSH.US), the cryptocurrency sector is experiencing a fresh wave of IPO excitement. Whether investors view digital currencies as revolutionary technology or generational fraud, this space undoubtedly presents substantial wealth-building opportunities.

While mainstream digital assets like Bitcoin and Ethereum have already delivered remarkable gains, investing in companies that provide infrastructure for this boom may offer even greater returns. This echoes the business wisdom from America's gold rush era of "selling shovels to miners." Robinhood (HOOD.US) and Coinbase (COIN.US) exemplify this approach perfectly.

These two industry leaders went public in 2021 and endured years of decline, but as the speculative trading winter ended, their stock prices have surged 475% and 62% respectively. This stunning performance has triggered FOMO (fear of missing out) across the cryptocurrency and fintech sectors.

Combined with pro-cryptocurrency policies from the Republican-led U.S. government and digital asset valuations reaching new heights, more crypto companies are flocking to Wall Street. This has already generated some of this year's most spectacular rally stories.

Take USDC issuer Circle Internet Corp. as an example - it has gained over 400% since going public. Similarly, cryptocurrency exchange and media company Bullish, which just went public last week, has nearly doubled in value, further confirming strong market demand for crypto IPOs.

So which companies deserve attention next? Here are three promising prospects not to be missed:

**Grayscale** Without this world's largest digital asset management company's efforts, Bitcoin and Ethereum ETFs might have taken years longer to materialize. Its Grayscale Bitcoin Trust (GBTC) and Grayscale Ethereum Trust (ETHE) pioneered Wall Street's allocation to cryptocurrency assets. These products provided investors with spot exposure long before traditional asset management giants paid attention to the space.

Currently managing over $33 billion in assets, Grayscale plans to go public on Wall Street, leveraging stable management fee income generated by its various crypto products. Reports from mid-July indicate the company has confidentially filed for an IPO.

**Gemini** Although they missed out on Facebook's founding success, the Winklevoss brothers used their settlement money to build a billion-dollar business in cryptocurrency. After spending millions on Bitcoin purchases a decade ago and unsuccessfully attempting to launch the "Winklevoss Bitcoin Fund," the twins pivoted to creating their own cryptocurrency exchange.

Today, Gemini has grown into one of the leading centralized exchanges. Given Circle Internet Corp.'s strong performance, it's unsurprising that Gemini became among the first crypto companies to announce IPO plans. During its most recent funding round in November 2021, when cryptocurrencies were at historical highs, the $7.1 billion valuation may serve as a benchmark for its IPO pricing.

**BitGo** This cryptocurrency custody giant has also joined the race to Wall Street. Currently holding over $100 billion in custody assets, it ranks among the world's largest cryptocurrency custodians, directly serving exchanges, asset management companies, and other enterprises. Its business scope encompasses not only asset custody and security but also staking, trading, lending, and other brokerage services.

Over the past year, BitGo's assets under management have nearly doubled, signaling its readiness for public markets. However, aside from its $1.75 billion valuation from August 2023, little additional information has emerged before its confidential IPO filing becomes public.

**Are Cryptocurrency Company IPOs a Safe Investment Choice?**

With both U.S. stocks and crypto markets at historical highs, it's difficult to declare any investment absolutely safe. For investors interested in participating in these IPOs, there may be opportunities to capitalize on "first-day surges" and subsequent optimistic sentiment when shares debut.

Some brokers like Robinhood and SoFi even allow investors to subscribe to shares at offering prices. For long-term holders, careful examination of company financials is essential - though most data remains undisclosed.

Therefore, if one believes the cryptocurrency market's golden age lies ahead and these companies have strong fundamentals, investing in their IPOs may be reasonable. However, one must soberly recognize that this volatile market offers no absolute certainties.