Linqto’s recent bankruptcy filing has made waves in the financial community, but according to insider sources at EquityZen, the pre-IPO market remains largely unfazed. Despite the turbulence, major players like Ripple continue to thrive, ranking among the top 10 pre-IPO darlings on the platform. Meanwhile, heavyweights like Tether and Gemini experienced a remarkable surge in interest during the second quarter of 2025, underscoring the resilience and adaptability of the crypto sector.
Lingering Questions in Pre-IPO Markets
While Linqto’s collapse might seem like a harbinger of doom to some, industry experts suggest otherwise. “The fundamentals of the pre-IPO market are strong,” notes Sarah Thompson, an analyst at Crypto Insight. “Linqto’s bankruptcy is more of an isolated incident rather than a sign of systemic issues.” The sentiment is echoed by many who believe that the current market dynamics are robust enough to weather such disruptions.
Ripple’s stature as a top contender on EquityZen highlights the continued appetite for crypto-related pre-IPO investments. This interest is a testament to the company’s strategic maneuvers and its ongoing legal battles with regulatory bodies—issues that some speculate might even bolster its appeal by keeping it in the limelight. As explored in our recent coverage of Mercado Bitcoin’s initiative to tokenize $200M in real-world assets on the XRP Ledger, such strategic moves are pivotal in maintaining market interest.
The Rise of Tether and Gemini
As we dive deeper into 2025, the crypto world is buzzing with the unexpected popularity spikes of Tether and Gemini. During Q2, both companies saw a marked increase in investor interest, a phenomenon driven by their strategic pivots and expansions into new territories. “Tether’s foray into emerging markets has opened up new revenue streams,” explains John Perez, a market strategist. “Investors are keenly aware of the potential in these regions.” This aligns with the broader trend of crypto adoption in high-growth markets, as detailed in our analysis of global crypto adoption trends.
Gemini, on the other hand, has been making headlines with its aggressive push into decentralized finance (DeFi) and its innovative products aimed at institutional investors. These moves have not gone unnoticed, contributing to the firm’s burgeoning reputation and increased demand on the EquityZen platform.
Historical Context and Market Trends
Historically, the pre-IPO market has shown resilience in the face of volatility. The allure of getting in on the ground floor of potentially lucrative ventures continues to attract investors, despite the occasional hiccup. The crypto sector, in particular, is no stranger to such fluctuations, having navigated numerous storms over the years—from regulatory crackdowns to major technical failures.
This enduring resilience is partly due to the sector’s inherent adaptability. The ability to pivot and innovate quickly has allowed companies like Ripple, Tether, and Gemini to maintain their edge, even amid challenges. As the market continues to evolve, these firms are likely to explore new opportunities and forge strategic partnerships that could redefine their trajectories.
Looking Ahead
What lies ahead for the pre-IPO market is anyone’s guess, but the signs are promising. As investors continue to monitor the landscape, many are optimistic about the potential for growth and innovation. However, questions remain about whether the recent interest in crypto firms can be sustained, especially if market conditions shift or regulatory environments tighten.
One thing is clear: the crypto sector is not one to rest on its laurels. The industry’s penchant for disruption and transformation ensures that it remains a captivating arena for investors and observers alike. Whether it’s through technological advancements, strategic alliances, or new market entries, the future promises to be as dynamic as ever.
In the wake of Linqto’s bankruptcy, the pre-IPO market’s resilience has been put to the test. But as history has shown, this sector has a knack for bouncing back. And with companies like Ripple, Tether, and Gemini leading the charge, the stage is set for an intriguing second half of the year.
Source
This article is based on: Linqto bankruptcy no threat to pre-IPO markets, says EquityZen
Further Reading
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Steve Gregory is a lawyer in the United States who specializes in licensing for cryptocurrency companies and products. Steve began his career as an attorney in 2015 but made the switch to working in cryptocurrency full time shortly after joining the original team at Gemini Trust Company, an early cryptocurrency exchange based in New York City. Steve then joined CEX.io and was able to launch their regulated US-based cryptocurrency. Steve then went on to become the CEO at currency.com when he ran for four years and was able to lead currency.com to being fully acquired in 2025.
