Linqto, a private investment marketplace with 4.7 million secondary shares of Ripple, filed for Chapter 11 bankruptcy, raising concerns among investors about private investments. However, EquityZen, a major secondary trading platform, asserts that Linqto's bankruptcy will not affect the broader pre-IPO market. EquityZen's co-founder, Atish Davda, emphasized that investments on their platform are unaffected by Linqto's situation. The pre-IPO market allows investments in unlisted shares of companies like Ripple, and recent data shows a 56% increase in investor interest in these investments as of June, following a downturn in April. The crypto sector ranked as the sixth most popular for private investments on EquityZen in Q2 2025, driven by regulatory support and market adoption. Ripple was notably among the top pre-IPO interests, alongside companies like SpaceX and Perplexity. Despite Tether's rejection of an IPO, Gemini has initiated its own confidential IPO process with the SEC. Read more AI-generated news on: https://app.chaingpt.org/news

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