The U.S. AI sector is undergoing a transformation, with direct secondary markets emerging as a pivotal force. In 2025, secondary transactions surged to a record, driven by increased liquidity needs and a shift towards more flexible investment structures.

Direct secondaries are emerging as a game-changing entry point. Favorable regulatory frameworks are creating a tailwind, making secondary transactions more accessible and efficient. Innovative operators are seizing meaningful footholds, unlocking liquidity, and driving growth in a market where AI adoption is accelerating across industries. For investors, this is a rare moment to participate in structural upside while regulatory clarity reduces friction.