The Quiet Shift in Capital Markets: Why Liquidity Is Being Engineered, Not Waited For, and How DealFlow Discovery Fits In
One of the most under-discussed changes in capital markets heading into 2026 isn’t valuation, rates, or even IPO volume, it’s how liquidity itself is being created. For much of the last decade, liquidity followed a familiar path: private funding rounds, a public listing, then secondary trading. That sequence has fractured. Today, liquidity is increasingly designed, structured, and negotiated well before a company ever rings an opening bell, and sometimes without one at all. This shift has meaningful implications for investors and growth companies alike, and it helps explain why the newly expanded format of the DealFlow Discovery Conference is particularly…