pre-IPO Market

Definition ∞ The pre-IPO Market refers to the private trading of company shares before an Initial Public Offering. In this market, investors acquire equity stakes directly from a private company or from existing shareholders. It provides liquidity for early investors and employees prior to the company’s public listing. Transactions occur outside of public stock exchanges.
Context ∞ For blockchain and cryptocurrency startups, the pre-IPO market can involve early-stage equity funding rounds or secondary sales of company stock. News often covers significant private funding announcements for promising digital asset ventures. This market activity offers insights into investor confidence in emerging blockchain companies and their potential for future public offerings or significant token generation events.