Deals

Stockholm’s Bumper Year for IPOs Sets a High Bar for 2026

Adam Kostyal during Verisure’s listing ceremony at the Nasdaq Swedish Stock Exchange in Stockholm, in October.Photographer: Erik Flyg/Bloomberg

Sweden’s stock exchange has a lot to live up to in 2026, after a year in which was the largest venue in Europe for initial public offerings and the fifth largest worldwide.

It also hosted the continent’s largest IPO for three years: Verisure Plc, which accounted for $4.26 billion, more than half of $7.23 billion raised from IPOs on the exchange this year. But even without a similarly sized IPO in 2026, Nasdaq Stockholm president Adam Kostyal is bullish.