Davis Polk partner Dan Gibbons discussed the recent wave of initial public offerings by cryptocurrency companies with Bloomberg Law.

The article notes that Dan recently advised Circle and Galaxy Digital on their IPOs, and that Davis Polk consistently ranks first or second in Bloomberg’s IPO league tables.

Dan explained that the wave of IPOs are a response to a more accommodating regulatory environment. “There are tailwinds from a regulatory perspective, and you’re seeing a lot of these companies that have been waiting on the sidelines finally seizing their opportunity,” he said.

“Big Law’s Next Crypto Bonanza Beckons With New Wave of IPOs,” Bloomberg Law (June 12, 2025) (subscription required)  

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