2025 IPO Performance Mixed, Medline Leads with $7.2B Offering
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Market Performance Analysis: In 2025, U.S. IPOs averaged a 13.9% return, lagging behind the S&P 500's 16% gain, indicating a lack of confidence in newly listed companies, particularly in the cryptocurrency and AI sectors.
- Medline's Successful IPO: Medical equipment provider Medline executed the largest IPO of 2025, raising $7.2 billion with a 40% stock price increase post-debut, reflecting strong demand in the healthcare sector and investor confidence.
- Cryptocurrency Volatility: Circle Internet Group launched at $31 per share in June, soaring 170% on its first day to $263, but closed the year at $79.30, highlighting the high volatility and investment risks in the crypto market.
- Increased Investor Selectivity: PwC's Mike Bellin noted that the IPO market in 2025 was mixed, with medium-sized IPOs averaging only a 5.6% gain, indicating that investors are demanding sharper narratives and stronger operational direction from early-stage tech companies before committing capital.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
