According to @LexSokolin, when three fintechs IPO'd simultaneously, first-day performance diverged: Figure (blockchain infrastructure) rose about 60%, Klarna (BNPL) gained about 15%, and Gemini (crypto exchange) was roughly flat (source: Lex Sokolin on X, Sep 22, 2025). According to @LexSokolin, this outcome shows Wall Street favoring "boring" blockchain infrastructure over consumer-facing crypto apps, signaling sector preference that traders can note for fintech and crypto-adjacent equities (source: Lex Sokolin on X, Sep 22, 2025). According to @LexSokolin, this shift is set to define the next decade of capital allocation in fintech listings (source: Lex Sokolin on X, Sep 22, 2025).

According to Stock Talk (@stocktalkweekly), Piper Sandler has reiterated its 'Overweight' rating for GitLab (GTLB), maintaining an $85 price target. Piper Sandler highlights that companies like GitLab, which demonstrate strong trading momentum and modest guidance raises even during macroeconomic uncertainty, are expected to perform well. This outlook is particularly relevant for crypto traders monitoring tech sector sentiment, as positive institutional ratings for software platforms like GitLab often signal bullish sentiment for related blockchain and crypto infrastructure stocks. (Source: Stock Talk on Twitter, May 14, 2025)