Adobe’s failed acquisition of Figma in 2023 led to Figma’s successful IPO, soaring 250% and reaching a market cap of $47 billion. The IPO market, after a slow start in 2025, saw encouraging signs with companies like Chime, Circle, and CoreWeave performing well. Klarna may list next month after considering an IPO earlier this year. M&A activity also remains strong, with announced deals reaching $1.2 trillion in the first half of the year. IPO market momentum is expected to continue, especially if trade negotiations remain subdued.

Read more at Yahoo Finance: Barnburner Figma IPO Offers Good Omen as Klarna Reconsiders Debut