Crypto Capital Shifts From Tokens to Stocks as Launches Struggle: DWF
- Posted on February 22, 2026
- By Cointelegraph
- 3 Views
Crypto Capital Shifts From Tokens to Stocks as Launches Struggle: DWF

DWF Labs says most 2025 token launches fell below their listing price as investors rotate toward publicly traded crypto companies, with IPO funding reaching $14.6 billion.