Circle shares (CRCL)’s explosive first-day rally was hailed by Jason Yanowitz, co-founder of Blockworks, and Simon Dedic, CEO of Moonrock Capital, as a green light for more crypto IPOs, with comments highlighting renewed momentum and long-term opportunity

Quotes that support claims

Blockworks co-founder Jason Yanowitz said that investment banks and CEOs are paying attention to the significant price increase in CRCL and saying “it’s go time.” He added: “Get ready for an onslaught of crypto IPOs.

Moonrock Capital CEO Simon Dedic echoed Yanowitz’s comments, saying CRCL’s debut is a green light for crypto companies and builders, adding: “If you stay focused, play long-term, and build real value, this is where you could end up. In the end, fundamentals win. Real revenue wins. Fundamental season is officially on.”