# Secondary Trading Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Secondary Trading", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

Why Doesn't Stripe, Valued at $160 Billion, Go Public?

Stripe, valued at $159 billion, and Plaid, valued at $8 billion, recently conducted tender offers, reflecting a structural shift in how companies access capital and provide liquidity. This trend allows firms to bypass traditional IPOs, avoiding dilution and regulatory burdens. The private secondary market reached $240 billion in 2025, surpassing global IPO proceeds. Companies now wait an average of 16 years to go public, and private market assets have doubled to $22 trillion over 12 years. New infrastructure layers like Forge and EquityZen facilitate secondary trading, while platforms like Robinhood’s Ventures Fund I are opening private markets to retail investors. However, risks include structural complexity, valuation opacity, and counterparty risks. Despite a 2025 IPO rebound, many companies trade below their offering prices, making tender offers an attractive alternative amid geopolitical and macroeconomic uncertainty.

比推03/10 18:52

Why Doesn't Stripe, Valued at $160 Billion, Go Public?

比推03/10 18:52

Metafyed and NXMarket announce Strategic Digital Asset Partnership to Expand Compliant Access to Tokenized Real-World Assets

Metafyed and NXMarket have announced a strategic partnership to expand compliant access to tokenized real-world assets (RWAs). Through this collaboration, Metafyed will offer tokenized securities, equities, options, and yield-bearing instruments via NXMarket’s regulated digital securities platform. The partnership aims to simplify issuance, trading, and settlement of digital assets while ensuring regulatory compliance and transparency. Warren Burke, Co-Founder of NXMarket, emphasized the transformative potential of digital securities and the importance of building secure and efficient infrastructure. Mimi Vong, CEO of Metafyed, highlighted 2026 as a pivotal year for scaling tokenization adoption, stressing the need for clear regulatory frameworks. The tokenization of illiquid assets is projected to reach $16 trillion by 2030. This partnership combines Metafyed’s asset tokenization capabilities with NXMarket’s trading infrastructure to democratize access to institutional-grade investment opportunities.

TheNewsCrypto01/08 10:34

Metafyed and NXMarket announce Strategic Digital Asset Partnership to Expand Compliant Access to Tokenized Real-World Assets

TheNewsCrypto01/08 10:34

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