The Trump Tariff Storm "Freezes" the US IPO Market, Circle Delays IPO Process

BlockBeats News, April 5th, according to WSJ, the hope for a revival of US IPOs has vanished. According to sources familiar with the matter, ticketing marketplace StubHub and fintech company Klarna have postponed their IPO roadshows scheduled to start next week. Some say that another fintech company, Chime, is delaying the submission of public financial reports to regulators and has also postponed its IPO.

Virtual physical therapy company Hinge Health is monitoring the market and is expected to go public by the end of April. Bloomberg also reported that stablecoin issuer Circle has announced a delay in its IPO process. Furthermore, there are reports that medical technology company Medline has postponed its US IPO.

The stock market's plunge on Thursday and Friday has closed the door for companies waiting to go public. The US IPO market has gone through a tough period in the past three years, but many bankers and lawyers are hopeful that 2025 will be the year when IPOs return to a normal pace. On the contrary, the global trade war is roiling the stock market, leaving both investors and executives unsettled.