Emily Walker
The US IPO market is predicted to see a significant revival in 2025, particularly in cryptocurrency listings, as the global economy evolves. Legislative improvements and growing institutional interest in digital assets are expected to drive a surge in IPOs within the crypto industry.
A robust US economy paired with low borrowing costs is largely contributing to this anticipated recovery, providing an inviting environment for companies considering public offerings. Despite recent market instability, the medium-term outlook remains positive.
Positive Outlook from NYSE’s VP on Crypto IPOs
Chris Taylor, the vice president of listings and services at the New York Stock Exchange (NYSE), believes that the IPO market is set to gain momentum this year, driven by increased interest from bitcoin companies aiming for public listings.
BREAKING: NYSE listing head anticipates a rise in crypto IPOs.
Which crypto firm do you predict will list next?
— Satoshi Club (@esatoshiclub) January 22, 2025
At the Reuters Global Markets Forum in Davos, Taylor expressed confidence in the market’s prospects, forecasting a steady increase in NYSE IPOs compared to 2024.
He emphasized the necessity for regulatory frameworks that better favor public markets and voiced hopes for changes under the new SEC leadership. He also pointed out the growing interest among cryptocurrency firms to list on the NYSE as they become more intertwined with conventional financial markets.
Trends and Future Projections
Growth is also likely to be most pronounced in technology and life sciences sectors, particularly in areas like AI, cybersecurity, and advancements in cell and gene therapy.
Several sectors are experiencing remarkable growth; for instance, technology is benefiting from AI adoption and cloud computing improvements, while life sciences are seeing breakthroughs in rare disease treatments and digital health innovations.
Thus, it’s crucial for investors to focus on successful businesses with scalable models that achieve traction and ensure financial sustainability. The influence of blockchain and cryptocurrency technologies continues to grow, as companies explore new financial instruments and the significance of decentralized platforms increases.
Private Equity and Upcoming IPOs
Currently, companies backed by private equity are increasingly seen as viable options for fundraising through IPOs. This trend is anticipated to lead to significant activity in the IPO market this year. Looking ahead, firms supported by private equity are expected to play a major role as well; by 2025, they could account for up to 40% of all IPO capital raised on major US exchanges, according to PitchBook.
Image credit: Reuters, chart via TradingView