Investors should prepare for a slew of red-hot initial public offerings (IPOs) between now and year’s end.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
The year 2025 has already seen several large and successful IPOs from companies such as CoreWeave (CRWV), Circle Internet Group (CRCL), and Bullish (BLSH). However, analysts say that the IPO train is just getting started and that new stock issuance is popular again with the market at record highs.
Several companies have filed with the U.S. Securities and Exchange Commission (SEC) to go public in coming months, including cryptocurrency exchange Gemini, blockchain lender Figure, and American Bitcoin, the Bitcoin (BTC) mining firm associated with U.S. President Donald Trump’s sons Eric and Don Jr.
Potential IPOs
Beyond crypto, there are many other companies that have signaled an interest in going public before the end of 2025. These include event ticket marketplace StubHub, graphic design software firm Canva, and Global travel company Oyo.
Analysts say the IPO market is back with U.S. stocks hovering near all-time highs. After booming during the early years of the Covid-19 pandemic, the IPO market went dormant during the 2022 bear market that was caused by rising interest rates. Wall Street firms say expectations for a decline in interest rates over the coming year could add even more fuel to the IPO market.
Is BTC a Buy?
Most Wall Street firms don’t offer ratings or price targets on cryptocurrencies such as Bitcoin, so we’ll look instead at its three-month performance. As one can see in the chart below, the price of BTC has risen 1.79% in the last 12 weeks.


