IPO Market Rebounds as Bank of America Highlights Top Pick
U.S. IPO activity surged in Q3, with 65 offerings raising $15.7 billion—a stark increase from last year's 40 deals totaling $8.6 billion. The quarter featured five unicorn IPOs and 18 others exceeding $100 million, signaling robust investor confidence amid favorable Fed policies and strong earnings.
Bank of America analysts have identified two standout debuts, labeling one as the superior investment opportunity. While the report doesn't specify cryptocurrency-linked offerings, the resurgence of public market risk appetite often correlates with increased capital flows into digital assets.