Original author: 1912212.eth, Foresight News

Crypto market sentiment is buoyant, and the launch of new IPOs is approaching. Will this be the secret to a new wave of wealth creation? Foresight News has compiled a list of upcoming IPOs to help you prepare for market opportunities.

Momentum on Buildpad (October 27, 6 p.m.)

MMT is the native token of Momentum Finance, a Sui-based DEX. The community sale is being held on Buildpad, aiming to raise $4.5 million. The sale will run from 6:00 PM on October 27, 2025, to 28:00 PM on October 28, 2025. KYC must be completed by October 25th. Both BNB and Sui are accepted. The TGE is scheduled for October 31st, with full unlock at launch. The target FDV for Tier 1 stakers (minimum LP of $3,000) is $250 million, and for Tier 2 stakers, $350 million. Refunds will be issued at 6:00 PM on October 31st.

In 2023, Momentum completed a $5 million seed round led by Jump. In March 2025, Momentum secured $10 million in funding, led by Varys Capital and with participation from the Sui Foundation. Despite growing VC investment caution, Momentum secured a strategic funding round in June of this year, led by OKX Ventures at a $100 million valuation. Coinbase Ventures and others participated.

zkPass on Kaito (October 27th at 8pm)

zkPass is building the Verifiable Internet, an oracle network based on zero-knowledge transport layer security (zkTLS) that enables users to generate cryptographic proofs from their own private network data. This allows any application to securely verify facts from HTTPS sources without disclosing personal information or modifying existing systems. The project launched through the KaitoAI Capital Launchpad, running from 8:00 PM on October 27th to November 3rd, with a fundraising target of $2 million and a guaranteed value of $100 million. Participants must connect their wallets, complete zkTLS proofs, and stake KAITO to increase their allocation, with 30% reserved for validating community members. 50% will be unlocked at the TGE, with the remaining 50% unlocked three months later. Minimum/maximum subscription amounts: $1,000 to $250,000.

In August 2023, zkPass completed a $2.5 million seed round of funding, with participation from Binance Labs, Sequoia China, and OKX Ventures. In October 2024, zkPass completed a $12.5 million Series A funding round, bringing its valuation to $100 million. Dao5, Animoca Brands, and Flow Traders also participated.

MegaETH on Sonar (October 27th at 9 PM)

MegaETH is a Layer 2 protocol offering a public sale through Sonar (via Echo). This public sale will include 500 million (5%) of the 10 billion total supply. Payment will be in USDT, with a maximum purchase amount per person of $186,282 and a minimum of $2,650. The starting price is $0.0001 (for $1 million in FDV) and the maximum cap is $0.0999 (for $999 million in FDV).

In June 2024, MegaETH developer MegaLabs announced the completion of a $20 million seed round of financing, led by Dragonfly. In December of that year, MegaETH secured another $10 million in financing through the Echo platform.

FightFight on Holo (October 27th at 10:00 PM)

FIGHT is the official IP token for fighting sports, built on BNB Chain and in partnership with the UFC. Starting at 10:00 PM on October 27, 2025, the token sale has already exceeded its target of $750,000 by over $15 million (2,099% oversubscription), with a guaranteed value of $150 million. A TGE will be held after the sale; KYC is required for all claims. (Related link: https://launch.holoworld.com/ico/fight)

The highlight is fan engagement, with Fighting Points earned through Fight IDs for predictions, merchandise, and community rewards. As a "sports" token, it converts fan ownership into on-chain ownership, offers excess refunds, and plans to migrate to Solana—perfect for sports crypto enthusiasts, with an eye on viral adoption and real-world relevance.

Legion on useTria is a merit-based crypto fundraising platform, compliant with MiCA regulations and integrated with useTria for launch, expected to begin in November 2025 (specific date to be confirmed). With a $5 million seed round, Legion aims to reinvigorate ICO transparency, focusing on investor accountability and Kraken distribution. Key features: On-chain merit scoring for allocation, empowering sustainable projects. For IPO experts, Legion offers a regulated entry point for early-stage trading, minimizing rug pull through audited fundraising. Positioned as a leader in the ICO resurgence by 2025, Legion is ideal for compliant, high-return farming.

Infinex on Sonar (November)

InfinexInfinex is a "new type of Crypto application designed for humans". Specifically, its business is closer to "chain abstraction". During the usage process, a series of complex concepts such as wallet addresses, cross-chain bridges, mnemonics, gas, etc. will be abstracted. Users do not need to master or even know these concepts. They can seamlessly access more DeFi-like applications like using CeFi products.

Infinex, founded by Synthetix founder Kain Warwick, raised $67.7 million through NFT sales in September 2024. Public buyers included institutions such as Wintermute and Solana Ventures, as well as industry figures such as Solana founder Anatoly Yakovenko and Aave founder Stani Kulechov.

It may be launched through Sonar, and is expected to start in November 2025 (the specific date is to be confirmed). Kain revealed that the TGE time is expected to be between late December and early January, and Sonar pre-sales will be launched before TGE.

Beamable Network on Metaplex (November 6)

Beamable Network is a decentralized blockchain (Decentralized Tokenization) layer for on-chain gaming infrastructure on Solana, aiming to transform how gaming backend infrastructure is built and operated. The project's IPO will be launched through Metaplex, with a presale scheduled for November 6, 2025. It expands decentralized tooling for developers and features Genesis revenue sharing and NFT integration.

In February 2025, Beamable completed a $13.5 million Series A funding round led by Bitkraft Ventures.