The 2025 IPO market is gaining traction, highlighted by artificial intelligence startup CoreWeave Inc. (NASDAQ: CRWV), whose shares debuted on March 28 at $40 and surged to $170 within three months. As investor demand for new issues strengthens, other IPOs are emerging, including Circle Internet Group Inc. (NYSE: CRCL), which saw its shares rise nearly 600% in nine trading days following the passage of the GENIUS Act legislation.
CoreWeave’s momentum is reflected in the upcoming lockup expirations for several companies. Circle’s lockup expires on December 2, while eToro Group Inc. (NASDAQ: ETOR) saw significant activity since going public on May 14, debuting at nearly $70 after being priced at $52. Chime Financial Inc. (NASDAQ: CHYM), which opened at $43 on June 12, also presents growth potential, boasting 23% year-over-year user growth and 32% revenue growth.
Investors should be aware of the risks associated with IPOs, including lockup periods and volatility in pricing. The lockup for Chime will partially expire on September 10 and fully on December 9, allowing insiders to sell portions of their holdings at different intervals.
