Antalpha’s debut on the Nasdaq marked a significant moment in the crypto finance sector. The company saw its shares surge 73% immediately following its initial public offering (IPO) on May 14, 2025, demonstrating strong institutional demand for digital asset financing. The Singapore-based company plans to leverage its Antalpha Prime platform to provide liquidity and risk management solutions for institutional Bitcoin miners, backed by key partnerships like Bitmain. The IPO raised an impressive $49 million in funds which will be dedicated towards expanding the company’s product development efforts. This success follows a precedent set by stablecoin entities such as Tether, suggesting strong market confidence in crypto-focused IPOs.