A strong U.S. economy and lower interest rates could foster a surge in the number of initial public offerings in 2025, building on the recent momentum, a top executive at the New York Stock Exchange said on Wednesday.

The US companies have started planning for initial public offerings (IPOs) under the new administration, New York Stock Exchange President Lynn Martin revealed in a recent Bloomberg interview at the World Economic Forum in Davos.

Venture Global LNG was forced to nearly halve the valuation it is seeking in its U.S. initial public offering (IPO) after investors balked at the company's estimated long-term profit for liquefying gas for export,

Venture Global is now seeking a more reasonable valuation of about $65 billion, versus earlier plans for about $110 billion.

Venture Global Inc. slashed the marketed range for its initial public offering, lowering the market value it could fetch.