NYSE Forges Game-Changing Partnership with Private Markets Platform Carta

Wall Street's most iconic exchange just made its biggest private markets play yet.

The New York Stock Exchange announced a strategic partnership with Carta, the leading private company equity management platform. This move signals NYSE's aggressive push into pre-IPO territory—traditionally dominated by venture capital firms and private equity players.

Breaking Down the Wall Street Gambit

NYSE gains direct access to Carta's network of over 40,000 companies and $2+ trillion in managed equity. Carta gets institutional credibility and distribution channels that could turbocharge its secondary market operations. The partnership creates an end-to-end pipeline from startup equity to public listing—potentially cutting out traditional investment banks.

Private companies now have a clearer path to public markets without the usual Wall Street gatekeepers. Early employees and investors get liquidity options before traditional IPO timelines. Public market investors access previously unavailable pre-IPO opportunities.

Because nothing says innovation like two established giants partnering to disrupt... other established giants. The traditional IPO process just got some serious competition—and Wall Street bankers might need to find new fees to charge.

The partnership comes amid increased IPO activity and an expected surge of public offerings. Analysts anticipate the fastest pace of deal activity since 2021, with 40 to 60 US IPOs expected by year-end.

Founders building world-class companies deserve a world-class path to IPO. With the IPO market showing clear signs of resurgence and a robust pipeline of private companies poised for their public debut, Carta has joined forces with the New York Stock Exchange (NYSE) in a strategic partnership that designates the NYSE as Carta’s preferred public listing venue.

The strategic partnership between the NYSE, the Gold standard for going public, and Carta, the leading platform for private companies, offers ambitious growth and late-stage companies a comprehensive range of pre-IPO liquidity solutions. These solutions include company-sponsored tenders, IPO-readiness tools, and unparalleled access to IPO listing services.

The partnership comes amid increased IPO activity and an expected surge of public offerings in the coming months. So far this year  companies have filed 183 IPOs,  a 28.9% increase from last year. Analysts anticipate the fastest pace of deal activity since 2021, with 40 to 60 US IPOs expected to raise roughly $10 billion between now and year-end.

Carta is at the center of these trends, currently serving nearly 1,000 late-stage companies, including 84% of all U.S. companies with valuations exceeding $1 billion. This extensive reach positions Carta  to facilitate this critical transition for a significant segment of the private market.

“NYSE is the gold standard for going public,” said Charly Kevers, Chief Financial Officer, Carta. “Partnering with the NYSE strengthens our IPO Advisory platform and helps companies navigate one of the most complex transitions in their journey: going from private to public. Our goal is to support startups from formation to IPO with the infrastructure and partners they need to succeed.”

Michael Harris, Vice Chairman and Global Head of Capital Markets at the NYSE, said: “The IPO market continues to provide a vital pathway for private stakeholders—from venture capital and private equity investors to employees and individual shareholders—to unlock substantial value. As the world’s largest exchange group, we are thrilled to partner with Carta in offering a range of services for companies across all phases of growth.”

For Carta customers on the pathway to a public listing on the NYSE, this partnership offers a distinct set of advantages.

Carta customers that list on the NYSE can expect:

• Guided, white-glove transition: Each Carta-NYSE client is paired with a dedicated NYSE Relationship Manager to provide a single point of contact and ensure a seamless transition from private company to public listing.
• Seamless liquidity solutions: Carta-NYSE clients will benefit from seamless capital raising solutions including pre-IPO tenders, secondary offerings, and IPO listings.
• Exclusive peer network: Companies join an exclusive community of CFOs and GCs from leading Carta and NYSE companies—pre- and post-IPO—to exchange insights and best practices in curated forums along with access to an exclusive suite of service offerings such as Board Advisory Services, Global Policy Advocacy, and select investor-focused tools.
• Premier value and visibility package: Carta-NYSE clients have access to a strategic NYSE package, built to amplify their listing day and beyond with access to market data, IR tools, and governance experts.

Companies choosing the NYSE as their public listing venue will benefit from the exchange’s unparalleled track record in supporting the world’s most influential and innovative public companies. The NYSE offers access to its DEEP investor base, robust capital markets infrastructure, and a dedicated issuer services team that guides businesses through every stage of the public company lifecycle.

With expert support for the listing process, ongoing compliance, and post-IPO visibility, the innovative companies listing on the NYSE can expect a streamlined transition to public markets, enhanced by a rich ecosystem designed to foster growth, credibility, and long-term shareholder engagement.