Not Just Another Index.
It’s The New Generation.®
We offer specialized solutions for investors seeking exposure to New Listings - a proxy for economic growth and innovation.
New: The IPOX® High Dividend 7% Strategy
An Innovative Index Strategy
combining Income & Growth!
Upcoming Global IPOs
The IPOX® Newsletters
IPOX® in the News
IPOX® Associate Lukas Muehlbauer was featured in a recent Reuters article analyzing BitGo’s successful NYSE debut. Muehlbauer notes that BitGo serves as a key bellwether for the 2026 crypto IPO market, launching against the headwinds of a recent sector selloff. He highlights that BitGo’s positioning as a profitable, regulated infrastructure play - rather than a pure token play - helps insulate it from daily Bitcoin volatility.
As the U.S. IPO market heats up in January 2026 with over 20 new listings, Benzinga identifies IPO-focused ETFs as efficient tools for investors. The article highlights the First Trust U.S. Equity Opportunities ETF (FPX) and First Trust International Equity Opportunities ETF (FPXI), both tracking IPOX® indices, as key funds to watch. These strategies offer systematic exposure to the largest U.S. and international IPOs and spin-offs during their critical growth phases.
Barron's features IPOX® CEO Josef Schuster in an analysis of BitGo's upcoming $2 billion NYSE debut. Highlighting the crypto custodian's profitability as a key strength, Schuster notes that while financials are solid, recent market volatility suggests investors remain disciplined. He cautions that despite the hype, there won't be "indiscriminate demand" for the stock. The piece also examines the broader 2026 IPO landscape, including upcoming listings like EquipmentShare.
Reuters reports that construction tech firm EquipmentShare.com is targeting a $6.41 billion valuation in its upcoming U.S. IPO. IPOX® VP Kat Liu provided expert commentary in the article, noting that the firm’s T3 technology layer adds a "narrative premium" compared to traditional rental competitors. Liu also highlighted the company’s impressive growth trajectory, predicting "healthy demand" driven by the credibility of its narrative as it prepares to list on Nasdaq.
A recent Reuters article discusses BitGo's target of a $1.96 billion valuation in its upcoming IPO. IPOX® Associate Lukas Muehlbauer provides expert commentary, noting that recent market scrutiny has driven a "flight to quality," positioning BitGo as a defensive play due to its regulatory status. The piece also highlights BitGo’s strategic timing amid small-cap momentum, supported by its recent pivot to profitability and OCC approval as a national trust bank.
The IPOX® Update
The U.S. IPO pipeline accelerates as construction tech firm EquipmentShare targets a $6.4 billion valuation, with IPOX® VP Kat Liu highlighting its "narrative premium." Crypto custodian BitGo eyes a $2 billion debut, drawing commentary from IPOX® CEO Josef Schuster and Associate Lukas Muehlbauer on market selectivity. Brazilian fintech Agibank files for a $1 billion listing. Globally, Czech defense giant CSG launches a massive €30 billion IPO, while Chinese chipmaker Montage Technology preps a $22 billion Hong Kong debut.
Aktis Oncology surges 24% in the first major biotech IPO of 2026, with IPOX® Associate Lukas Muehlbauer highlighting its strategic backing. The U.S. pipeline accelerates as chat platform Discord and fitness app Strava confidentially file for listings, while President Trump weighs a massive Fannie Mae and Freddie Mac public offering. Additionally, Brazilian fintech PicPay files for a $500 million Nasdaq debut, signaling a robust return of large-cap issuers to the market.
In Europe, Octopus Energy spins off its tech arm Kraken at an $8.7 billion valuation to prepare for a future listing. Asia sees a surge in activity as VinFast affiliate GSM targets a massive $20 billion international IPO. Meanwhile, Chinese tech listings accelerate with Alibaba-backed AI unicorn MiniMax launching its $600 million Hong Kong debut and Baidu’s chip unit Kunlunxin filing for a spin-off, while regulators ease rules for rocket firms like LandSpace.