SRFC's Niche Dominance Fuels Record $14 Billion Year in Capital Markets

NEW YORK, NY – January 20, 2026 – Sichenzia Ross Ference Carmel LLP (SRFC), a specialized securities and corporate law firm, announced a landmark performance in 2025, advising on over 170 transactions with a combined value exceeding $14 billion. The record-breaking figure, which the firm stated far surpassed its strong results from 2024, positions the mid-sized firm as a heavyweight in the complex world of capital markets, distinguishing itself through strategic focus rather than sheer size.

The achievement comes amid a broader resurgence in financial markets. 2025 was a historically strong year, with a risk-on sentiment fueling double-digit growth across major global equity indices. The IPO market recalibrated with a 39% increase in global proceeds, while the U.S. M&A market was revitalized, surpassing $2 trillion in aggregate deal value for the first time since 2021. While SRFC’s success was buoyed by this favorable tide, its performance is a standout story of specialization and strategic execution.

A Specialist's Triumph in a Resurgent Market

While the top ranks of general capital markets league tables are typically dominated by global behemoths with thousands of attorneys, SRFC has carved out an undeniable leadership position in its chosen niche. With a team of approximately 70 attorneys, the firm has focused its considerable expertise on complex transactions for small to mid-cap public and private companies.

This strategy has yielded significant results. In October 2025, the independent data provider PlacementTracker ranked SRFC first in the nation for issuer counsel in its PIPE (Private Investment in Public Equity) and Private Placement Markets League Tables. This marked the firm's fifth consecutive quarter holding the top spot, a clear indicator of its sustained dominance in a highly specialized and intricate segment of the market.

This consistent top ranking validates the firm’s model: competing not on scale, but on a deep, focused expertise that attracts clients navigating the complexities of alternative financing structures. The firm's success demonstrates a growing demand for specialized legal counsel capable of guiding companies through transactions that often fall outside the scope of traditional public offerings.

“The incredible results of our firm’s work this past year impresses but doesn’t surprise me or any other attorney on this team,” said Gregory Sichenzia, a founding partner at SRFC. “Each year, SRFC grows and expands its client base by providing exemplary services and doing right by our clients. It’s only natural that more and more companies would take notice of our results and want to retain us as well.”

Navigating the Spectrum of Modern Finance

The sheer breadth and value of SRFC’s 2025 transactions underscore its versatility and adaptability to an evolving financial landscape. The firm’s deal sheet spanned initial public offerings, M&A, registered direct offerings, and cryptocurrency transactions, reflecting the multifaceted nature of modern capital flows.

Among the year's highlights was the firm’s role advising Soulpower Acquisition Corporation (NYSE: SOUL) in its definitive business combination agreement with SWB LLC. The monumental deal, valued at approximately $8.1 billion, aims to launch SOUL WORLD BANK™, a financial services conglomerate for the new economy. This forward-looking transaction, undertaken in partnership with Web3 pioneer Animoca Brands, involves integrating cutting-edge technologies like artificial intelligence, stablecoins, and tokenization, placing SRFC at the forefront of digital asset finance.

Other notable representations further illustrate the firm's impact across various sectors and deal structures:

• Streamex Corp. (Nasdaq: STEX): Advised the company, formerly known as BioSig Technologies, Inc., in massive $1.1 billion growth financing arrangements.
• Sharps Technology, Inc. (Nasdaq: STSS): Represented the medical device company in a significant $400 million private placement.
• Nocera, Inc. (Nasdaq: NCRA): Guided the aquaculture technology provider in a private placement of up to $300 million.
• Emmis Acquisition Corp. (Nasdaq: EMIS): Acted as counsel in the company's $100 million SPAC initial public offering.

These transactions, ranging from a multi-billion-dollar SPAC merger involving Web3 technology to substantial private placements for life sciences and technology companies, showcase a legal team adept at navigating both emerging and established financing vehicles.

The Strategy Behind the Numbers

The firm’s record year was not an overnight success but the culmination of a long-term strategy focused on cultivating talent and building a reputation for excellence in a demanding field. This approach has allowed it to build momentum and significantly scale the value of its advisory work, jumping from closing transactions valued at over $700 million in 2023 to the more than $14 billion reported for 2025.

“Our firm has been building to this level of success for a while now, as our growing team of talented attorneys have advised on transactions of all kinds across a vast spectrum of industries,” commented Ross Carmel, a named partner at SRFC. He attributed the firm’s premier standing in the PIPE and private placement markets to its robust legal expertise in these highly complicated transactions.

This strategic focus is further evidenced by the firm's formal establishment of a dedicated Cryptocurrency practice area, positioning it to capitalize on the increasing convergence of traditional finance and digital assets. By embracing complexity and staying ahead of market trends, SRFC has proven that specialized expertise can be a powerful driver of growth.

Sichenzia concluded with confidence in the firm's trajectory, stating, “Prominent entrepreneurs and business leaders want their legal needs handled by the industry’s best, and when it comes to complex securities transactions, there’s no one better than SRFC. I expect our team to build upon this incredible momentum in 2026.” This performance solidifies the firm's reputation not just as a service provider, but as a critical partner for companies navigating the dynamic and often turbulent waters of modern capital markets.