Investors anticipated a boost in IPO activity in 2025 due to deregulation and economic growth under the Trump administration. The first half of 2025 saw 103 IPOs on U.S. exchanges, raising $17 billion. Analysts predict a strong IPO market through the fourth quarter, with companies like Venture Global leading the way with a successful $1.75 billion IPO.

Chime Financial, offering banking services through a mobile app, went public in June at an $11.6 billion valuation. Analysts note Chime’s profitability and 8.6 million active users but express concern over its reliance on interchange fees and competition from other fintechs. The company’s future performance hinges on diversifying revenue streams.

Circle, a stablecoin company issuing USD Coin, saw a volatile stock performance post-IPO despite initial skepticism about its business model. Analysts debate whether Circle will benefit from the broader crypto boom or continue to face revenue challenges. CoreWeave, an AI infrastructure company, struggles with heavy debt and reliance on key partners like Microsoft. The success of its acquisition of Core Scientific will determine its future performance.

eToro, a trading platform that went public in May, offers a next-generation alternative to traditional brokerages with features like copy trading and a range of crypto assets. Investors are divided on whether eToro can compete with larger rivals like Robinhood and gain market traction. The IPO market in 2025 remains uncertain due to factors like tariffs and geopolitical conflict, impacting companies’ decisions on when to go public.

Read more at Yahoo Finance: IPOs are hot again. How investors can avoid a 2021 style hangover