Pagaya Technologies Ltd. (PGY) is the 79th largest of 240 Digital Lending companies by market capitalisation, at 1.85 Bn, behind Alkami Technology, Inc. at 2.06 Bn. It trades on a P/E of 15.85, 37% below the peer median of 25.15. The table below compares all 240 on 8 financial metrics.
| # | Ticker | Company | match | industry_code | industry_group | industry_group_code | Market Capitalization | P/E | P/S | Enterprise Value |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | UPST | Upstart Holdings, Inc. | primary | T-56 | Fintech | TG-09 | 2.62 Bn | 43.39 | 2.10 | 2.16 Bn |
| 2 | PGY | Pagaya Technologies Ltd. | primary | T-56 | Fintech | TG-09 | 1.85 Bn | 15.85 | 1.33 | 1.60 Bn |
| 3 | QFIN | Qfin Holdings, Inc. | primary | T-56 | Fintech | TG-09 | 1.18 Bn | 2.21 | 0.49 | 0.18 Bn |
| 4 | FINV | FinVolution Group | primary | T-56 | Fintech | TG-09 | 0.85 Bn | 2.75 | 0.45 | -0.09 Bn |
| 5 | LPRO | Open Lending Corp | primary | T-56 | Fintech | TG-09 | 0.37 Bn | -69.35 | 4.16 | 0.19 Bn |
| 6 | BLND | Blend Labs, Inc. | primary | T-56 | Fintech | TG-09 | 0.36 Bn | -15.57 | 2.76 | 0.31 Bn |
| 7 | XYF | X Financial | primary | T-56 | Fintech | TG-09 | 0.22 Bn | 2.74 | 0.27 | -0.35 Bn |
| 8 | LX | LexinFintech Holdings Ltd. | primary | T-56 | Fintech | TG-09 | 0.14 Bn | 0.97 | 0.08 | 0.14 Bn |
| 9 | JFIN | Jiayin Group Inc. | primary | T-56 | Fintech | TG-09 | 0.08 Bn | 1.87 | 0.14 | 0.01 Bn |
| 10 | ANTA | Antalpha Platform Holding Co | primary | T-56 | Fintech | TG-09 | 0.08 Bn | 0.00 | 0.00 | -0.89 Bn |
| 11 | QCOM | Qualcomm Inc/De | secondary | T-01 | Semiconductors | TG-01 | 182.73 Bn | 19.74 | 4.15 | 174.42 Bn |
| 12 | UBS | UBS Group AG | secondary | F-02 | Banking | FG-01 | 174.13 Bn | 20.08 | 7.56 | 174.13 Bn |
| 13 | SHOP | Shopify Inc. | secondary | T-52 | Internet Platforms | TG-08 | 173.49 Bn | 89.99 | 13.08 | 168.55 Bn |
| 14 | BLK | BlackRock, Inc. | secondary | F-09 | Asset and Wealth Management | FG-03 | 170.61 Bn | 25.92 | 6.25 | 156.74 Bn |
| 15 | BNY | Bank of New York Mellon Corp | secondary | F-21 | Capital Markets | FG-05 | 112.34 Bn | 18.65 | 5.26 | 51.11 Bn |
| 16 | BX | Blackstone Inc. | secondary | F-11 | Asset and Wealth Management | FG-03 | 106.86 Bn | 15.66 | 6.63 | 104.35 Bn |
| 17 | MELI | Mercadolibre Inc | secondary | T-51 | Internet Platforms | TG-08 | 97.60 Bn | 52.39 | 2.77 | 82.40 Bn |
| 18 | KKR | KKR & Co. Inc. | secondary | F-11 | Asset and Wealth Management | FG-03 | 95.13 Bn | 31.81 | 4.46 | -181.94 Bn |
| 19 | BN | BROOKFIELD Corp /ON/ | secondary | F-11 | Asset and Wealth Management | FG-03 | 88.55 Bn | 62.01 | 1.16 | 57.75 Bn |
| 20 | DB | Deutsche Bank Aktiengesellschaft | secondary | F-02 | Banking | FG-01 | 80.56 Bn | 9.59 | 2.16 | 80.56 Bn |
| 21 | APO | Apollo Global Management, Inc. | secondary | F-11 | Asset and Wealth Management | FG-03 | 78.30 Bn | 44.04 | 2.18 | 52.92 Bn |
| 22 | BAM | Brookfield Asset Management Ltd. | secondary | F-11 | Asset and Wealth Management | FG-03 | 78.20 Bn | 27.88 | 13.63 | 76.70 Bn |
| 23 | WPM | Wheaton Precious Metals Corp. | secondary | F-11 | Asset and Wealth Management | FG-03 | 70.48 Bn | 31.45 | 21.48 | 70.38 Bn |
| 24 | FNV | FRANCO NEVADA Corp | secondary | F-11 | Asset and Wealth Management | FG-03 | 51.04 Bn | 32.97 | 22.03 | 49.49 Bn |
| 25 | XYZ | Block, Inc. | secondary | T-54 | Fintech | TG-09 | 48.08 Bn | 135.18 | 1.92 | 41.65 Bn |
| 26 | PYPL | PayPal Holdings, Inc. | secondary | T-54 | Fintech | TG-09 | 46.69 Bn | 9.52 | 1.37 | 35.43 Bn |
| 27 | IX | Orix Corp | secondary | F-06 | Lending and Credit | FG-02 | 43.91 Bn | 10.95 | 1.96 | 43.91 Bn |
| 28 | ARES | Ares Management Corp | secondary | F-11 | Asset and Wealth Management | FG-03 | 31.35 Bn | 58.58 | 5.24 | 31.35 Bn |
| 29 | PFG | Principal Financial Group Inc | secondary | F-09 | Asset and Wealth Management | FG-03 | 24.89 Bn | 15.78 | 1.59 | -28.08 Bn |
| 30 | MKL | Markel Group Inc. | secondary | F-13 | Insurance | FG-04 | 22.54 Bn | 9.83 | 1.45 | 5.65 Bn |
| 31 | FTAI | FTAI Aviation Ltd. | secondary | I-01 | Aerospace and Defense | IG-01 | 20.26 Bn | 42.42 | 6.51 | 19.93 Bn |
| 32 | LEN | Lennar Corp /New/ | secondary | D-08 | Homebuilding | DG-03 | 19.35 Bn | 9.68 | 0.59 | 17.17 Bn |
| 33 | TOST | Toast, Inc. | secondary | T-31 | Vertical Software | TG-05 | 19.23 Bn | 39.57 | 2.83 | 17.52 Bn |
| 34 | BEN | Franklin Resources Inc | secondary | F-09 | Asset and Wealth Management | FG-03 | 17.87 Bn | 15.71 | 1.92 | 14.15 Bn |
| 35 | CG | Carlyle Group Inc. | secondary | F-11 | Asset and Wealth Management | FG-03 | 16.58 Bn | 30.66 | 4.59 | 15.33 Bn |
| 36 | IVZ | Invesco Ltd. | secondary | F-09 | Asset and Wealth Management | FG-03 | 14.69 Bn | -47.51 | 2.13 | 13.77 Bn |
| 37 | RNR | Renaissancere Holdings Ltd | secondary | F-15 | Insurance | FG-04 | 13.45 Bn | 5.18 | 1.21 | -13.04 Bn |
| 38 | GRAB | Grab Holdings Ltd | secondary | T-53 | Internet Platforms | TG-08 | 13.30 Bn | 28.60 | 2.50 | 9.13 Bn |
| 39 | CHYM | Chime Financial, Inc. | secondary | T-57 | Fintech | TG-09 | 12.30 Bn | -676.01 | 5.01 | 11.24 Bn |
| 40 | AFG | American Financial Group Inc | secondary | F-13 | Insurance | FG-04 | 11.77 Bn | 13.48 | 1.42 | -6.08 Bn |
| 41 | JEF | Jefferies Financial Group Inc. | secondary | F-17 | Capital Markets | FG-05 | 11.68 Bn | 14.66 | 0.99 | -3.77 Bn |
| 42 | AMG | Affiliated Managers Group, Inc. | secondary | F-09 | Asset and Wealth Management | FG-03 | 9.58 Bn | 9.10 | 4.22 | 9.16 Bn |
| 43 | VOYA | Voya Financial, Inc. | secondary | F-09 | Asset and Wealth Management | FG-03 | 9.37 Bn | 16.52 | 1.15 | 7.01 Bn |
| 44 | YMM | Full Truck Alliance Co. Ltd. | secondary | T-51 | Internet Platforms | TG-08 | 8.76 Bn | 14.40 | — | 7.73 Bn |
| 45 | ARE | Alexandria Real Estate Equities, Inc. | secondary | R-02 | Property REITs | RG-01 | 8.71 Bn | -8.45 | 3.07 | 7.61 Bn |
| 46 | TPG | TPG Inc. | secondary | F-11 | Asset and Wealth Management | FG-03 | 8.42 Bn | 12.41 | 1.63 | 7.47 Bn |
| 47 | FIGR | Figure Technology Solutions, Inc. | secondary | F-05 | Lending and Credit | FG-02 | 8.41 Bn | 35.44 | 15.33 | 6.88 Bn |
| 48 | OWL | Blue Owl Capital Inc. | secondary | F-11 | Asset and Wealth Management | FG-03 | 7.75 Bn | 22.91 | 2.59 | 7.58 Bn |
| 49 | VCTR | Victory Capital Holdings, Inc. | secondary | F-09 | Asset and Wealth Management | FG-03 | 7.03 Bn | 19.88 | 4.51 | 6.96 Bn |
| 50 | TFPM | Triple Flag Precious Metals Corp. | secondary | F-11 | Asset and Wealth Management | FG-03 | 6.89 Bn | 14.36 | 14.11 | 6.88 Bn |
| 51 | BXSL | Blackstone Secured Lending Fund | secondary | F-07 | Lending and Credit | FG-02 | 5.71 Bn | 17.29 | 4.19 | 5.44 Bn |
| 52 | RITM | Rithm Capital Corp. | secondary | F-08 | Lending and Credit | FG-02 | 5.57 Bn | 16.64 | 1.10 | 5.57 Bn |
| 53 | PFH | Prudential Financial Inc | secondary | F-12 | Insurance | FG-04 | 5.31 Bn | 1.36 | 0.08 | -26.61 Bn |
| 54 | MAIN | Main Street Capital CORP | secondary | F-07 | Lending and Credit | FG-02 | 5.29 Bn | 15.43 | 9.20 | 5.23 Bn |
| 55 | PIPR | Piper Sandler Companies | secondary | F-17 | Capital Markets | FG-05 | 5.27 Bn | 14.47 | 2.49 | 4.96 Bn |
| 56 | GLXY | Galaxy Digital Inc. | secondary | F-22 | Capital Markets | FG-05 | 5.23 Bn | -18.80 | 0.09 | 3.68 Bn |
| 57 | WTM | White Mountains Insurance Group Ltd | secondary | F-13 | Insurance | FG-04 | 5.04 Bn | 4.27 | 1.32 | -6.37 Bn |
| 58 | HASI | HA Sustainable Infrastructure Capital, Inc. | secondary | F-11 | Asset and Wealth Management | FG-03 | 5.02 Bn | 56.44 | 10.84 | 4.77 Bn |
| 59 | PECO | Phillips Edison & Company, Inc. | secondary | R-03 | Property REITs | RG-01 | 4.92 Bn | — | 6.55 | 4.92 Bn |
| 60 | PJT | PJT Partners Inc. | secondary | F-17 | Capital Markets | FG-05 | 4.90 Bn | 13.06 | 2.60 | 4.28 Bn |
| 61 | CIGI | Colliers International Group Inc. | secondary | R-16 | Real Estate Services | RG-04 | 4.85 Bn | 29.19 | 0.81 | 4.58 Bn |
| 62 | DAVE | Dave Inc./DE | secondary | T-57 | Fintech | TG-09 | 4.79 Bn | 30.04 | 7.45 | 4.54 Bn |
| 63 | MOGU | MOGU Inc. | secondary | T-51 | Internet Platforms | TG-08 | 4.71 Bn | -146.14 | 136.71 | 4.67 Bn |
| 64 | HCXY | Hercules Capital, Inc. | secondary | F-07 | Lending and Credit | FG-02 | 4.65 Bn | 20.07 | 8.21 | 4.60 Bn |
| 65 | IEP | Icahn Enterprises L.P. | secondary | E-06 | Refining and Marketing | EG-03 | 4.63 Bn | -10.46 | 0.43 | 2.66 Bn |
| 66 | LAZ | Lazard, Inc. | secondary | F-17 | Capital Markets | FG-05 | 4.48 Bn | 29.63 | 1.35 | 3.38 Bn |
| 67 | IBOC | International Bancshares Corp | secondary | F-01 | Banking | FG-01 | 4.46 Bn | 10.83 | 58.27 | 4.46 Bn |
| 68 | HLNE | Hamilton Lane INC | secondary | F-11 | Asset and Wealth Management | FG-03 | 4.23 Bn | 9.72 | 4.93 | 3.90 Bn |
| 69 | STEP | StepStone Group Inc. | secondary | F-11 | Asset and Wealth Management | FG-03 | 4.07 Bn | — | — | 3.16 Bn |
| 70 | CNS | Cohen & Steers, Inc. | secondary | F-09 | Asset and Wealth Management | FG-03 | 4.02 Bn | 15.16 | 4.75 | 3.96 Bn |
| 71 | SEZL | Sezzle Inc. | secondary | T-54 | Fintech | TG-09 | 4.01 Bn | 24.87 | 7.55 | 3.93 Bn |
| 72 | QTWO | Q2 Holdings, Inc. | secondary | T-57 | Fintech | TG-09 | 3.77 Bn | 40.95 | 4.45 | 3.66 Bn |
| 73 | WT | WisdomTree, Inc. | secondary | F-09 | Asset and Wealth Management | FG-03 | 3.67 Bn | 45.73 | 6.01 | 3.37 Bn |
| 74 | BRBI | BRBI BR Partners S.A. | secondary | F-17 | Capital Markets | FG-05 | 3.49 Bn | 223.06 | 31.37 | 3.38 Bn |
| 75 | AB | Alliancebernstein Holding L.P. | secondary | F-09 | Asset and Wealth Management | FG-03 | 3.44 Bn | — | — | 3.44 Bn |
| 76 | SII | Sprott Inc. | secondary | F-09 | Asset and Wealth Management | FG-03 | 3.33 Bn | 31.75 | 8.34 | 3.14 Bn |
| 77 | GBDC | GOLUB CAPITAL BDC, Inc. | secondary | F-07 | Lending and Credit | FG-02 | 3.32 Bn | -38.11 | 4.15 | 3.28 Bn |
| 78 | AAMI | Acadian Asset Management Inc. | secondary | F-09 | Asset and Wealth Management | FG-03 | 3.30 Bn | 28.05 | 4.93 | 3.23 Bn |
| 79 | AGO | Assured Guaranty Ltd | secondary | F-13 | Insurance | FG-04 | 3.26 Bn | 8.52 | 3.47 | -0.53 Bn |
| 80 | DBRG | DigitalBridge Group, Inc. | secondary | F-11 | Asset and Wealth Management | FG-03 | 2.88 Bn | 10.24 | 3.63 | 2.38 Bn |
| 81 | APAM | Artisan Partners Asset Management Inc. | secondary | F-09 | Asset and Wealth Management | FG-03 | 2.73 Bn | 7.31 | 2.19 | 2.39 Bn |
| 82 | AKR | Acadia Realty Trust | secondary | R-03 | Property REITs | RG-01 | 2.71 Bn | 51.70 | 6.71 | 2.71 Bn |
| 83 | ATHM | Autohome Inc. | secondary | T-51 | Internet Platforms | TG-08 | 2.58 Bn | 19.20 | 3.27 | -0.09 Bn |
| 84 | PAYO | Payoneer Global Inc. | secondary | T-54 | Fintech | TG-09 | 2.41 Bn | 73.27 | 2.23 | 2.06 Bn |
| 85 | OAK-PA | Brookfield Oaktree Holdings, LLC | secondary | F-11 | Asset and Wealth Management | FG-03 | 2.40 Bn | 7.99 | 3.89 | 2.40 Bn |
| 86 | NCNO | nCino, Inc. | secondary | T-57 | Fintech | TG-09 | 2.33 Bn | 230.70 | 3.80 | 2.24 Bn |
| 87 | ALKT | Alkami Technology, Inc. | secondary | T-57 | Fintech | TG-09 | 2.06 Bn | -45.69 | 4.21 | 1.98 Bn |
| 88 | PAX | Patria Investments Ltd | secondary | F-11 | Asset and Wealth Management | FG-03 | 1.79 Bn | -156.50 | 57.70 | 1.62 Bn |
| 89 | INVA | Innoviva, Inc. | secondary | H-01 | Pharmaceuticals and Biotechnology | HG-01 | 1.58 Bn | 8.03 | 3.06 | 1.00 Bn |
| 90 | PRG | PROG Holdings, Inc. | secondary | F-04 | Lending and Credit | FG-02 | 1.53 Bn | 12.33 | 0.59 | 1.45 Bn |
| 91 | KW | Kennedy-Wilson Holdings, Inc. | secondary | R-19 | Property Developers | RG-05 | 1.52 Bn | 96.40 | 3.11 | 1.37 Bn |
| 92 | LSPD | Lightspeed Commerce Inc. | secondary | T-31 | Vertical Software | TG-05 | 1.42 Bn | -24.89 | 1.14 | 1.05 Bn |
| 93 | ATLC | Atlanticus Holdings Corp | secondary | F-06 | Lending and Credit | FG-02 | 1.42 Bn | 9.81 | 0.54 | 0.86 Bn |
| 94 | WD | Walker & Dunlop, Inc. | secondary | F-05 | Lending and Credit | FG-02 | 1.40 Bn | 39.75 | 1.09 | 1.24 Bn |
| 95 | PWP | Perella Weinberg Partners | secondary | F-17 | Capital Markets | FG-05 | 1.24 Bn | 44.47 | 1.80 | 1.13 Bn |
| 96 | BTCK | Teucrium Commodity Trust | secondary | F-09 | Asset and Wealth Management | FG-03 | 1.10 Bn | -19.62 | 12.00 | 0.57 Bn |
| 97 | CIM | Chimera Investment Corp | secondary | F-08 | Lending and Credit | FG-02 | 0.98 Bn | -11.54 | — | 0.53 Bn |
| 98 | PURR | Hyperliquid Strategies Inc | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.96 Bn | 2.31 | 153.40 | 0.83 Bn |
| 99 | BUR | Burford Capital Ltd | secondary | F-06 | Lending and Credit | FG-02 | 0.95 Bn | -0.56 | 0.49 | 0.95 Bn |
| 100 | ABX | Abacus Global Management, Inc. | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.93 Bn | 32.81 | 3.46 | 0.90 Bn |
| 101 | RPC | Ridgepost Capital, Inc. | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.92 Bn | 27.77 | 2.93 | 0.88 Bn |
| 102 | ANSC | Agriculture & Natural Solutions Acquisition Corp | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.85 Bn | -71.21 | 55.39 | 0.85 Bn |
| 103 | GCMG | GCM Grosvenor Inc. | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.80 Bn | 5.27 | 1.41 | 0.67 Bn |
| 104 | FPH | Five Point Holdings, LLC | secondary | R-18 | Property Developers | RG-05 | 0.76 Bn | 5.44 | 6.49 | 0.41 Bn |
| 105 | NMFC | New Mountain Finance Corp | secondary | F-07 | Lending and Credit | FG-02 | 0.70 Bn | 62.09 | 2.41 | 0.63 Bn |
| 106 | CNNE | Cannae Holdings, Inc. | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.67 Bn | -1.54 | 1.13 | 0.60 Bn |
| 107 | FERA | Fifth Era Acquisition Corp I | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.66 Bn | 167.87 | — | 0.66 Bn |
| 108 | DMII | Drugs Made In America Acquisition II Corp. | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.65 Bn | 187.73 | — | 0.65 Bn |
| 109 | ELE | Elemental Royalty Corp | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.63 Bn | 0.14 | 8.61 | 0.56 Bn |
| 110 | LPBB | Launch Two Acquisition Corp. | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.62 Bn | 90.68 | — | 0.62 Bn |
| 111 | LPAA | Launch One Acquisition Corp. | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.62 Bn | 101.38 | — | 0.62 Bn |
| 112 | VINP | Vinci Compass Investments Ltd. | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.61 Bn | 15.10 | 3.07 | 0.59 Bn |
| 113 | ABTC | American Bitcoin Corp. | secondary | T-59 | Fintech | TG-09 | 0.60 Bn | -2.42 | 2.22 | 0.58 Bn |
| 114 | ALFUU | Centurion Acquisition Corp. | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.60 Bn | 80.86 | — | 0.60 Bn |
| 115 | HCAC | Hall Chadwick Acquisition Corp | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.59 Bn | -882.00 | — | 0.59 Bn |
| 116 | NOAH | Noah Holdings Ltd | secondary | F-09 | Asset and Wealth Management | FG-03 | 0.58 Bn | 6.81 | 1.54 | -0.16 Bn |
| 117 | AXIN | Axiom Intelligence Acquisition Corp 1 | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.56 Bn | 132.31 | — | 0.56 Bn |
| 118 | GLRE | Greenlight Capital Re, Ltd. | secondary | F-15 | Insurance | FG-04 | 0.50 Bn | 9.83 | 0.69 | -0.20 Bn |
| 119 | OPFI | OppFi Inc. | secondary | F-06 | Lending and Credit | FG-02 | 0.50 Bn | 2.71 | 1.37 | 0.41 Bn |
| 120 | PLMKU | Plum Acquisition Corp, IV | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.46 Bn | 120.26 | — | 0.46 Bn |
| 121 | ACTG | Acacia Research Corp | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.44 Bn | -29.59 | 1.60 | 0.12 Bn |
| 122 | HAVA | Harvard Ave Acquisition Corp | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.42 Bn | 197.87 | — | 0.42 Bn |
| 123 | ALDFU | Aldel Financial II Inc. | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.40 Bn | 46.56 | — | 0.40 Bn |
| 124 | ALTI | AlTi Global, Inc. | secondary | F-09 | Asset and Wealth Management | FG-03 | 0.37 Bn | -2.59 | 1.35 | 0.34 Bn |
| 125 | SDHI | Siddhi Acquisition Corp (Cayman Islands) | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.37 Bn | 46.22 | — | 0.37 Bn |
| 126 | BDCI | BTC Development Corp. | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.35 Bn | 133.55 | — | 0.35 Bn |
| 127 | SBXD | SilverBox Corp IV | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.35 Bn | 43.77 | — | 0.35 Bn |
| 128 | BEAG | Bold Eagle Acquisition Corp. | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.34 Bn | 51.68 | — | 0.34 Bn |
| 129 | NMP | NMP Acquisition Corp. | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.33 Bn | 144.45 | — | 0.33 Bn |
| 130 | SZZL | Sizzle Acquisition Corp. II | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.33 Bn | 55.14 | — | 0.33 Bn |
| 131 | VOXR | Vox Royalty Corp. | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.32 Bn | 6.15 | 33.95 | 0.29 Bn |
| 132 | TVA | Texas Ventures Acquisition III Corp | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.32 Bn | 114.05 | — | 0.32 Bn |
| 133 | ATII | Archimedes Tech SPAC Partners II Co. | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.32 Bn | -3.12 | — | 0.32 Bn |
| 134 | TACO | Berto Acquisition Corp. | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.31 Bn | 45.31 | — | 0.31 Bn |
| 135 | NPAC | New Providence Acquisition Corp. III/Cayman | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.31 Bn | 38.71 | — | 0.31 Bn |
| 136 | MRLN | Merlin, Inc. | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.31 Bn | -1.41 | 42.97 | 0.31 Bn |
| 137 | BACCU | Blue Acquisition Corp/Cayman | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.30 Bn | 96.11 | — | 0.30 Bn |
| 138 | ANVI | Anvi Global Holdings, Inc. | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.30 Bn | -1,464.07 | — | 0.30 Bn |
| 139 | AACB | Artius II Acquisition Inc. | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.29 Bn | 75.58 | — | 0.29 Bn |
| 140 | NHIC | NewHold Investment Corp. III | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.29 Bn | 9,164.85 | — | 0.29 Bn |
| 141 | UCFI | CN Healthy Food Tech Group Corp. | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.29 Bn | — | — | 0.25 Bn |
| 142 | FACTU | FACT II Acquisition Corp. | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.26 Bn | 90.42 | — | 0.26 Bn |
| 143 | BLUW | Blue Water Acquisition Corp. III | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.26 Bn | 214.32 | — | 0.26 Bn |
| 144 | VNME | Vendome Acquisition Corp I | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.26 Bn | — | — | 0.26 Bn |
| 145 | CUB | Lionheart Holdings | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.25 Bn | 165.32 | — | 0.25 Bn |
| 146 | TMCR | Metals Royalty Co Inc. | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.25 Bn | -14.48 | — | 0.25 Bn |
| 147 | BETR | Better Home & Finance Holding Co | secondary | F-05 | Lending and Credit | FG-02 | 0.25 Bn | -1.40 | 1.32 | 0.15 Bn |
| 148 | TONT | Graf Global Corp. | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.25 Bn | 61.18 | — | 0.25 Bn |
| 149 | COPL | Copley Acquisition Corp | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.25 Bn | -449.38 | — | 0.07 Bn |
| 150 | DYNC | Dynamix Corp | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.24 Bn | 7.60 | — | 0.24 Bn |
| 151 | DAAQ | Digital Asset Acquisition Corp. | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.24 Bn | 42.57 | — | 0.24 Bn |
| 152 | IRHO | Iron Horse Acquisition II Corp. | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.24 Bn | 118.57 | — | 0.24 Bn |
| 153 | HDSN | Hudson Technologies Inc /Ny | secondary | M-02 | Chemicals | MG-01 | 0.23 Bn | 25.15 | 0.88 | 0.20 Bn |
| 154 | LWAC | LightWave Acquisition Corp. | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.22 Bn | 38.83 | — | 0.22 Bn |
| 155 | QSEAU | Quartzsea Acquisition Corp | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.22 Bn | 478.40 | — | 0.22 Bn |
| 156 | CEPO | Cantor Equity Partners I, Inc. | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.22 Bn | -38.07 | — | 0.22 Bn |
| 157 | EGHA | EGH Acquisition Corp. | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.21 Bn | 57.18 | — | 0.21 Bn |
| 158 | DEFT | Defi Technologies, Inc. | secondary | F-09 | Asset and Wealth Management | FG-03 | 0.21 Bn | 8.97 | 3.50 | 0.13 Bn |
| 159 | PGAC | PANTAGES CAPITAL ACQUISITION Corp | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.20 Bn | 126.41 | — | 0.20 Bn |
| 160 | ENHA | Enhanced Group Inc. | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.18 Bn | -2.94 | 34.84 | 0.18 Bn |
| 161 | FRNM | Freenome, Inc. | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.18 Bn | — | — | 0.18 Bn |
| 162 | CHEC | Chenghe Acquisition III Co. | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.17 Bn | 95.75 | — | 0.17 Bn |
| 163 | NAKA | Nakamoto Inc. | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.16 Bn | -0.38 | 4.02 | 0.14 Bn |
| 164 | GSHR | Gesher Acquisition Corp. II | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.16 Bn | 49.04 | — | 0.16 Bn |
| 165 | INAC | Indigo Acquisition Corp. | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.15 Bn | 51.89 | — | 0.15 Bn |
| 166 | CEPS | Cantor Equity Partners VI, Inc. | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.15 Bn | 222.02 | — | 0.15 Bn |
| 167 | NBRG | Newbridge Acquisition Ltd | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.15 Bn | 768.59 | — | 0.15 Bn |
| 168 | QUMS | Quantumsphere Acquisition Corp | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.15 Bn | -333.51 | — | 0.15 Bn |
| 169 | TAVIU | Tavia Acquisition Corp. | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.15 Bn | 84.09 | — | 0.15 Bn |
| 170 | GHI | Greystone Housing Impact Investors LP | secondary | F-08 | Lending and Credit | FG-02 | 0.15 Bn | -17.57 | 1.85 | 0.15 Bn |
| 171 | KVAC | Keen Vision Acquisition Corp. | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.13 Bn | 122.37 | — | 0.13 Bn |
| 172 | CHARU | Charlton Aria Acquisition Corp | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.12 Bn | 56.42 | — | 0.12 Bn |
| 173 | GTEN | Gores Holdings X, Inc. / CI | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.09 Bn | 99.03 | — | 0.09 Bn |
| 174 | ALCUF | Alchemy Investments Acquisition Corp 1 | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.09 Bn | -32.59 | — | 0.09 Bn |
| 175 | ORIQ | Origin Investment Corp I | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.09 Bn | — | — | 0.09 Bn |
| 176 | LCCC | Lakeshore Acquisition III Corp. | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.09 Bn | -33.68 | — | 0.09 Bn |
| 177 | INV | Innventure, Inc. | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.09 Bn | -0.14 | 28.22 | 0.09 Bn |
| 178 | YRD | Yiren Digital Ltd. | secondary | F-04 | Lending and Credit | FG-02 | 0.09 Bn | -0.69 | 0.12 | -0.34 Bn |
| 179 | ESHA | ESH Acquisition Corp. | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.08 Bn | -42.04 | — | 0.08 Bn |
| 180 | FVN | Future Vision II Acquisition Corp. | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.08 Bn | 37.04 | — | 0.08 Bn |
| 181 | GEG | Great Elm Group, Inc. | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.07 Bn | -1.88 | 2.40 | 0.01 Bn |
| 182 | BHIC | BioScience Health Innovations, Inc. | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.06 Bn | -106.57 | 13.79 | 0.06 Bn |
| 183 | UYSC | UY Scuti Acquisition Corp. | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.06 Bn | — | — | 0.02 Bn |
| 184 | BPAC | Blueport Acquisition Ltd | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.06 Bn | 75.33 | — | 0.06 Bn |
| 185 | EURK | Eureka Acquisition Corp | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.06 Bn | 1,211.65 | — | 0.06 Bn |
| 186 | KPLT | Katapult Holdings, Inc. | secondary | F-04 | Lending and Credit | FG-02 | 0.05 Bn | 6.97 | 0.17 | 0.05 Bn |
| 187 | DOMH | Dominari Holdings Inc. | secondary | F-09 | Asset and Wealth Management | FG-03 | 0.05 Bn | -0.44 | 0.35 | 0.02 Bn |
| 188 | LGL | Lgl Group Inc | secondary | T-15 | Computer Hardware | TG-02 | 0.05 Bn | -267.74 | 9.97 | 0.05 Bn |
| 189 | BXBL | BOXABL Inc. | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.05 Bn | -3.54 | — | 0.05 Bn |
| 190 | CAPN | Cayson Acquisition Corp | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.04 Bn | 31.89 | — | 0.04 Bn |
| 191 | LKSP | Lake Superior Acquisition Corp | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.04 Bn | 40.79 | — | 0.04 Bn |
| 192 | TRLC | TriLinc Global Impact Fund LLC | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.04 Bn | 10.44 | — | 0.04 Bn |
| 193 | PLUT | Plutus Financial Group Ltd | secondary | F-17 | Capital Markets | FG-05 | 0.04 Bn | -7.97 | 29.19 | 0.04 Bn |
| 194 | MLCI | Mount Logan Capital Inc. | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.04 Bn | -0.61 | 0.75 | -0.06 Bn |
| 195 | BSAA | BEST SPAC I Acquisition Corp. | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.03 Bn | 15.69 | — | 0.03 Bn |
| 196 | GRNQ | Greenpro Capital Corp. | secondary | F-10 | Asset and Wealth Management | FG-03 | 0.03 Bn | -12.06 | 16.62 | 0.03 Bn |
| 197 | SDEV | Stablecoin Development Corp | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.03 Bn | 0.05 | 5.46 | 0.02 Bn |
| 198 | CTRM | Castor Maritime Inc. | secondary | I-21 | Transportation | IG-05 | 0.02 Bn | 0.30 | 0.30 | 0.02 Bn |
| 199 | ASPC | ASPAC III Acquisition Corp. | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.02 Bn | -22.64 | — | 0.02 Bn |
| 200 | YTFD | Yale Transaction Finders, Inc. | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.02 Bn | -489.45 | — | 0.02 Bn |
| 201 | WTG | Wintergreen Acquisition Corp. | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.02 Bn | 25.09 | — | 0.02 Bn |
| 202 | MDRR | Medalist Diversified, Inc. | secondary | R-19 | Property Developers | RG-05 | 0.02 Bn | 1.46 | 2.03 | 0.01 Bn |
| 203 | EVAC-WT | EQV Ventures Acquisition Corp. II | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.02 Bn | 1.33 | — | 0.02 Bn |
| 204 | UPYY | Upay | secondary | T-22 | Business Applications | TG-03 | 0.02 Bn | -11.27 | 19.76 | 0.02 Bn |
| 205 | MDBH | MDB Capital Holdings, LLC | secondary | F-17 | Capital Markets | FG-05 | 0.02 Bn | -1.25 | — | 0.01 Bn |
| 206 | VLOSW | Velos Acquisition I Corp. | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.01 Bn | 3.96 | — | 0.01 Bn |
| 207 | FACWW | Factorial Energy Inc. | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.01 Bn | -2.33 | — | 0.01 Bn |
| 208 | NGLD | Nevada Canyon Gold Corp. | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.01 Bn | — | — | 0.01 Bn |
| 209 | AGLY | Atlantis Glory Inc. | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.01 Bn | -303.33 | — | 0.01 Bn |
| 210 | HWKE | Hawkeye Systems, Inc. | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.01 Bn | -23.89 | — | 0.01 Bn |
| 211 | HDRNW | Hadron Energy, Inc. | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.01 Bn | 0.52 | — | 0.01 Bn |
| 212 | HVIIR | Hennessy Capital Investment Corp. VII | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.01 Bn | — | — | 0.01 Bn |
| 213 | RANGR | Range Capital Acquisition Corp. | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.01 Bn | 2.21 | — | 0.01 Bn |
| 214 | XITO | Xenous Holdings, Inc. | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.01 Bn | — | — | 0.01 Bn |
| 215 | SRRE | Sunrise Real Estate Group Inc | secondary | R-18 | Property Developers | RG-05 | 0.01 Bn | -0.24 | 1.90 | -0.07 Bn |
| 216 | ALISR | Calisa Acquisition Corp | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.01 Bn | 93.63 | — | 0.01 Bn |
| 217 | CRAQR | Cal Redwood Acquisition Corp. | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.01 Bn | 1.14 | — | 0.01 Bn |
| 218 | JACS-RI | Jackson Acquisition Co II | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.00 Bn | 0.71 | — | 0.00 Bn |
| 219 | CWD | CaliberCos Inc. | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.00 Bn | -0.19 | 0.28 | 0.00 Bn |
| 220 | KOYNW | CSLM Digital Asset Acquisition Corp III, Ltd | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.00 Bn | 2.44 | — | 0.00 Bn |
| 221 | GPATW | GP-Act III Acquisition Corp. | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.00 Bn | 0.58 | — | 0.00 Bn |
| 222 | DMAAR | Drugs Made In America Acquisition Corp. | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.00 Bn | 0.90 | — | 0.00 Bn |
| 223 | OLB | Olb Group, Inc. | secondary | T-54 | Fintech | TG-09 | 0.00 Bn | -0.81 | 0.55 | 0.00 Bn |
| 224 | KCHVR | Kochav Defense Acquisition Corp. | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.00 Bn | 0.70 | — | 0.00 Bn |
| 225 | KFIIR | K&F Growth Acquisition Corp. Ii | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.00 Bn | 0.32 | — | 0.00 Bn |
| 226 | FMHS | Farmhouse, Inc. /Nv | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.00 Bn | -2.69 | 4,595.96 | 0.00 Bn |
| 227 | NCPL | Netcapital Inc. | secondary | F-17 | Capital Markets | FG-05 | 0.00 Bn | -0.10 | 3.78 | 0.00 Bn |
| 228 | SPEGR | Silver Pegasus Acquisition Corp. | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.00 Bn | 3.66 | — | 0.00 Bn |
| 229 | LAFAR | LaFayette Acquisition Corp. | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.00 Bn | 3.86 | — | 0.00 Bn |
| 230 | GTERR | Globa Terra Acquisition Corp | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.00 Bn | — | — | 0.00 Bn |
| 231 | BNBX | Bnb Plus Corp. | secondary | H-10 | Medical Devices and Diagnostics | HG-02 | 0.00 Bn | -0.04 | 0.52 | 0.00 Bn |
| 232 | SHFS | SHF Holdings, Inc. | secondary | F-06 | Lending and Credit | FG-02 | 0.00 Bn | -0.21 | 0.14 | 0.00 Bn |
| 233 | CHPGR | ChampionsGate Acquisition Corp | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.00 Bn | 0.34 | — | 0.00 Bn |
| 234 | IPEXR | Inflection Point Acquisition Corp. V | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.00 Bn | 0.24 | — | 0.00 Bn |
| 235 | AFJKR | Aimei Health Technology Co., Ltd. | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.00 Bn | — | — | 0.00 Bn |
| 236 | DTSQR | DT Cloud Star Acquisition Corp | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.00 Bn | -1.25 | — | 0.00 Bn |
| 237 | YHNAR | YHN Acquisition I Ltd | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.00 Bn | 0.31 | — | 0.00 Bn |
| 238 | PLTYF | Plastec Technologies, Ltd. | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.00 Bn | -1.04 | — | -0.01 Bn |
| 239 | PSQH-WT | PSQ Holdings, Inc. | secondary | T-54 | Fintech | TG-09 | 0.00 Bn | 0.00 | 0.00 | -0.01 Bn |
| 240 | RFAIR | RF Acquisition Corp II | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.00 Bn | 0.07 | — | 0.00 Bn |