Tue, June 3, 2025
Mon, June 2, 2025

Chime chases $11 billion valuation in IPO set for next week on Nasdaq

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Crypto firm Circle is also going public with goals of a $7.2 billion valuation.
The article from Fortune, published on June 2, 2025, discusses the upcoming IPO of Chime, a digital banking platform, which is set to be one of the most significant internet IPOs since the dot-com era. Chime's IPO is expected to value the company at around $30 billion, reflecting strong investor interest in fintech. The IPO is being led by major banks including Goldman Sachs, Morgan Stanley, and JPMorgan Chase. Additionally, the article touches on the broader context of the IPO market, noting a resurgence in tech IPOs and the influence of cryptocurrency markets on investor sentiment. Chime's success is seen as a bellwether for other fintech companies considering going public, and it highlights the growing trend of digital banking solutions in the financial sector.

Read the Full Fortune Article at:
[ https://fortune.com/2025/06/02/chime-circle-internet-ipos-nasdaq-crypto-goldman-sachs-morgan-stanley-jpmorgan-chase/ ]