Crypto isn’t ‘run from garages’ anymore: MEXC’s Tracy Jin on IPO boom

The once-scrappy world of digital assets has grown into a sector defined by structured governance, audited financials, and scalable revenue models.

Exchanges that began as weekend experiments now resemble traditional financial institutions, complete with compliance teams, investor relations departments, and long-term capital strategies. “We are now IPO-ready,” MEXC chief operating officer (COO) Tracy Jin told Cointelegraph.

On June 5, Circle, the issuer of the USDC 

On June 6, Gemini, the exchange founded by Cameron and Tyler Winklevoss, also filed confidentially for a US listing, followed by a similar filing from Bullish, the digital asset exchange backed by billionaire investor Peter Thiel, on June 10.