Crypto’s wealthy investors and industry leaders see IPO hype waning in 2026

Despite expectations for some IPO and venture activity in 2026, fewer investors feel as confident as they did last year, according to the latest CfC St. Moritz report. What to know : Investor expectations for crypto company IPOs is fading after a record year. Markets are seen as too small and liquidity shortages emerge as the biggest risk as traditional finance firms take a larger role in the industry. Attendees note the improvement in U.S. crypto regulation, with the country rising from last to second place in regulatory favorability.