Nasdaq Maintains Over a Decade of Listings Leadership in 2025

Core Insights - Nasdaq raised a total of $46.65 billion from new listings in 2025, marking the highest capital raised since 2021 [1][5] - 22 companies transferred their corporate listings to Nasdaq in 2025, including Walmart, representing the largest exchange transfer in history with a total market value of $1.2 trillion [1][5] Capital Market Performance - 2025 was a significant year for public markets, with companies at various stages choosing Nasdaq for its global visibility and commitment to innovation and growth [2] - Nasdaq's European markets contributed to over half of all capital raised in Europe in 2025, including the public debut of Verisure, Europe's largest IPO since 2022 [5] Notable Listings - Major listings included Medline, which was the largest overall IPO and healthcare IPO of the year, raising over $6 billion, and CoreWeave, the largest AI IPO of the year [5] Listing Transfers - Since 2005, Nasdaq has attracted more than 500 listing transfers, representing over $4 trillion in market value [5] Strategic Initiatives - Nasdaq announced plans to launch Nasdaq Texas, a dual listing venue aimed at expanding services for companies in Texas and creating new growth opportunities for U.S. investors [5] - Nasdaq is actively involved in regulatory reform, hosting discussions with leaders from the public and private market ecosystem to address challenges and opportunities in the public market [5]