Introducing IPO Early Bird in the Crypto.com App

We’re excited to introduce a new feature that redefines how everyday investors participate in public offerings (IPOs): IPO Early Bird in the Crypto.com App. U.S. users can now beat the crowd by locking in IPO orders up to three weeks before public trading begins—the earliest opportunity in the market to act.

Don’t miss out on the next hot IPO, like Anduril, Stripe, and Discord, with IPO Early Bird. It’s a game-changer that lets you potentially secure shares before the broader market rushes in. 

What is a pre-IPO order?

A pre-IPO order is a limit order to buy shares before a company’s IPO starts trading. Unlike traditional IPOs, it lets investors set their price and share quantity ahead of the market debut.

IPO Early Bird offers pre-IPO orders for a curated selection of high-profile stocks. Not every IPO will be available.

How IPO Early Bird Works

When you place a pre-IPO order with IPO Early Bird, you specify the number of shares you want to buy and your limit price, as a percentage above or below the initial listing price. On the Crypto.com App, we set guardrails to improve the chances that your limit order price gets executed. 

You’ll receive push notifications about changes to the initial price for IPOs you’ve placed orders for, and you can cancel your order at any time before it’s filled.

Orders are executed on the morning of the IPO. They will only execute if the stock begins trading at or below your limit price.

What makes IPO Early Bird unique?

Crypto.com is among the earliest platforms to offer pre-IPO order functionality to retail investors, supporting its broader mission to make sophisticated investing tools accessible to everyone.

Unlike private placements or venture capital funds, IPO Early Bird is designed for simplicity and transparency. You’re not buying shares directly from the company, but placing a limit order that may execute once the stock begins trading publicly.

In addition, there are no subscription fees or commissions for any stock trade placed through IPO Early Bird. Crypto.com Stocks is backed by FINRA registration and SIPC protection. 

At launch, you can place orders for the Phoenix Education Partners (PXED) IPO and Alliance Laundry Holdings (ALH) IPO listing on Oct 9, 2025. 

Stay in the know and toggle on IPO Early Bird notifications by going to Settings > Notifications in the Crypto.com App.

Useful Resources:

FAQ: https://help.crypto.com/en/articles/12394724-ipo-early-bird

Notes: Crypto.com Stocks provides an estimated price based on preliminary SEC filings, but this is not a guarantee of market value. Additionally, IPO stocks may not begin trading exactly at market open; delays are common as exchanges process orders. There is no guarantee your order will be filled, even if your limit price matches the displayed price. Newly public stocks are highly volatile, with prices that can swing quickly and may decline soon after execution. IPO investing is speculative and may not be suitable for all investors.

 All investing involves risk, and losses may exceed the amount of principal invested. Past performance does not guarantee future results.

Foris Capital US LLC (FCUL) is a broker-dealer registered with the U.S. Securities and Exchange Commission (SEC) and a Member of the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC). For further information about FCUL, please visit FINRA BrokerCheck.  

 FCUL is a subsidiary of Crypto.com.  FCUL is a separate entity from Crypto.com, Foris DAX, Inc., and other affiliated Foris companies. FCUL does not engage in the sale, transfer or custody of crypto currencies or digital assets. Crypto.com is a separate entity from FCUL and does not engage in the securities business. Customer balances and crypto holdings held and transacted at Crypto.com and other entities outside of FCUL are not covered by SIPC insurance and are separate from securities transactions and holdings at FCUL.

The content contained on FCUL’s website is for educational purposes only and is not and should not be considered a recommendation or solicitation to buy, hold or sell securities or to engage in any specific investment strategy.  The information contained on this website is general in nature and has been prepared without consideration for customers’ investment objectives, risk tolerance, financial situations or other relevant considerations.