By Arasu Kannagi Basil

June 5 (Reuters) - Intercontinental Exchange ( ICE )-owned

NYSE's President Lynn Martin said on Thursday that

public markets were ready for well-prepared companies despite

tariff unease as easing volatility was setting the stage for a

rebound in U.S. IPO activity.

Optimism that 2025 would finally be the year for a strong

rebound in U.S. IPO market activity has recently been tempered

by tariff-driven uncertainty, but the window seems to be opening

up again after volatility eased and equities bounced back.

"There's been this narrative in the market, particularly for

the last two years. It's a bit false that companies can't go

public," Martin said at the Piper Sandler Global Exchange &

Trading Conference.

The companies debuting at this time were public-market

ready, she said, highlighting the successful listings of

cybersecurity firm Rubrik ( RBRK ) and social media platform

Reddit ( RDDT ) last year.

"They were ready to go. They went, and they've done

extraordinarily well," Martin said.

Analysts say the IPO market could be in the early stages of

a broader pickup, but that sustained stability was needed before

the window opens fully.

"We expect approximately one or two deals per week in June,

ramping up a bit in July after Independence Day, and if all goes

well, a full rebound in September, October after the summer

lull," said Matt Kennedy, senior strategist at Renaissance

Capital, a provider of IPO-focused research and ETFs.

NYSE TEXAS

The impending launch of the Texas Stock Exchange, backed by

Wall Street giants BlackRock ( BLK ) and Citadel Securities, is

set to heat up the competition in listings markets.

The NYSE was following its playbook, talking to its

customers about why more of them were moving to Texas, Martin

said.

NYSE Texas officially opened for business in March and has

secured a handful of companies over the past few weeks -

including Trump Media & Technology Group ( DJT ) - as its

"founding" members.

"The conversations we're having are incredibly positive,"

Martin said, adding that NYSE Texas had another double-digit

dual listing lined up.