1. Nasdaq raised $46.65 billion from new listings in 2025. 2. Twenty-two companies, including Walmart, transferred listings to Nasdaq. 3. The 2025 IPO market shows significant resurgence since 2021. 4. Nasdaq plans to expand services with Nasdaq Texas initiative. 5. Leadership in regulatory reform supports capital market growth.
FAQ
Why Very Bullish?
The substantial capital raised reflects Nasdaq’s strong market position. Historical context shows strong growth following high IPO activity as seen in 2021.
How important is it?
The article highlights key achievements and strategic growth, likely to foster investor confidence.
Why Long Term?
The sustained interest and high capital raise suggest a stable growth trajectory for years. Previous instances exhibit long-term growth following major IPO markets.
Nasdaq Achieves Historic Capital Raises and Listings Leadership in 2025
NEW YORK, Dec. 18, 2025 (GLOBE NEWSWIRE) — Nasdaq (Nasdaq: NDAQ) has announced that it raised a remarkable $46.65 billion from new listings in 2025, marking the most significant capital raise year since 2021. This strong performance highlights Nasdaq's continued dominance as the preferred exchange for corporate listings, evidenced by the transfer of 22 companies, including Walmart—representing the largest exchange transfer in history.
2025 Nasdaq Listings Highlights
- Impressive IPO Market Leadership: Nasdaq's $46.65 billion in capital raises signifies a robust recovery in public markets. Key initial public offerings (IPOs) included:
- Medline, the largest overall IPO and healthcare IPO of the year, raising over $6 billion.
- CoreWeave, recognized as the largest AI IPO of the year.
- SailPoint, noted for being the largest enterprise software IPO of the year.
- European Markets Contribution: Nasdaq's European markets played a vital role, accounting for over half of the total capital raised in Europe during 2025. This included the public debut of Verisure, Europe's largest IPO since 2022.
- Exchange for Listing Transfers: The transfer of 22 companies to Nasdaq during 2025 totaled a market value of $1.2 trillion. Since 2005, Nasdaq has attracted over 500 listing transfers, representing more than $4 trillion in market value.
Strategic commitments and regulatory leadership
In addition to its impressive financial results, Nasdaq also announced future plans to launch Nasdaq Texas, a dual listing venue aimed at expanding its services for Texas-based companies, thereby creating fresh growth avenues for U.S. investors. Currently, Nasdaq collaborates with over 800 clients in Texas and hosts more than 200 listed companies headquartered in the state, with a combined market capitalization exceeding $2 trillion.
Furthermore, Nasdaq continues to lead discussions on regulatory reform. Recent events included a gathering with SEC Chairman, Paul S. Atkins, to explore the evolving landscape of public markets, reinforcing Nasdaq's role in advocating for policies that support capital formation and market efficiency.
Reflections from Nasdaq Leadership
Jeff Thomas, Executive Vice President and Global Head of Listings at Nasdaq, commented, “2025 marked a meaningful resurgence for the public markets. Companies at every stage continue to choose Nasdaq because of our unmatched global visibility and our long-term commitment to innovation, transparency, and growth. Public markets remain the cornerstone of the American economy, and we are focused on helping companies navigate an evolving landscape.”
Looking towards 2026, Nasdaq aims to build on this momentum to drive further growth and invigorate the public market environment.
About Nasdaq
Nasdaq (Nasdaq: NDAQ) is a leading global technology company, supporting corporate clients, investment managers, banks, brokers, and exchange operators as they engage with global capital markets and the broader financial system. Nasdaq's mission is to provide technology platforms that enhance liquidity, transparency, and integrity within the global economy. Their comprehensive suite of data, analytics, software, and exchange capabilities empower clients to realize their business objectives confidently.
For more information, visit Nasdaq on LinkedIn, follow on X @Nasdaq, or explore at www.nasdaq.com.