June 12 (Reuters) - New listings in the U.S. have

bounced back sharply in recent weeks, with some eye-popping

debuts stoking hopes of a sustained revival after a dry spell

since April.

On Thursday, fintech firm Chime climbed 59% in its

debut, extending a winning streak for the latest U.S. stock

market entrants.

"If Chime trades well in the first few weeks, boardrooms at

a dozen other 'waiting room' candidates may move from

paper-testing S-1s to pressing the 'file' button," said Michael

Ashley Schulman, partner and CIO at Running Point Capital

Advisors.

The packed IPO calendar for the rest of 2025 includes

high-profile names such as Klarna, Gemini and Cerebras.

IPO activity had remained shackled after President Donald

Trump's "Liberation Day" tariff threats in April rattled global

markets and hit sentiment.

The following charts highlight key trends in recent months

in the IPO market:

STRONG DEBUTS

Several of 2025's most closely watched IPOs, including

Circle, eToro and CoreWeave ( CRWV ), have

soared since their debuts.

"The June IPO market window has clearly been a success with

the hugely popular IPO of Circle Financial, and its incredible

after-market rise," said Samuel Kerr, head of equity capital

markets at Mergermarket.

The strong listings may boost confidence among investors and

late-stage startups preparing to go public, experts have said.

"There's a clear backlog of well-capitalized, later-stage

firms looking to go public and a successful June slate could set

the tone for a stronger Q4," said Kat Liu, vice president at

IPOX.

MARKET MOMENTUM

U.S. IPOs had raised $25.36 billion in 2025 as of June 11,

according to data from Dealogic. That compares with $18.22

billion and $9.53 billion raised over the same period in 2024

and 2023, respectively.

Crypto exchange Gemini, buy-now-pay-later firm Klarna, AI

chipmaker Cerebras and medical supplies company Medline are

marquee names that investors are tracking in the latest wave of

IPO hopefuls.

Cancer diagnostic firm Caris Life Sciences and insurance

tech firm Slide have kicked off roadshows ahead of their

expected U.S. market debuts next week.

Finance, technology, oil and gas, and healthcare have

dominated the listings this year, data shows.

Top banking executives and exchange heads have said in

recent weeks that the IPO market remains open, particularly for

companies in sectors insulated from tariff risks.

CRYPTO BOOM?

A boom in crypto listings may also be on the horizon,

according to analysts and industry experts, with companies

preparing to ride the momentum from strong recent debuts and

improving sentiment.

The Trump administration's push for lighter-touch oversight

has been welcomed by digital asset firms, some of which are now

accelerating their IPO plans.

Last week, Gemini, run by billionaire twins Tyler and

Cameron Winklevoss, confidentially filed for a U.S. IPO. Rival

Kraken is also reportedly exploring a potential listing.

IPO STOCKS VS BROADER MARKETS

IPO stocks underperformed the broader market in early 2025

as trade and economic uncertainty curbed investor appetite.

But the Renaissance IPO Index, which tracks the

performance of high-profile U.S. listings, has since staged a

comeback, nearly aligning with the S&P 500 by June.