Quantum computing firms are entering the public markets as they seek to raise funds to capitalise on recent scientific breakthroughs and advance the experimental technology towards commercialization. Xanadu Quantum, a quantum partner of chip giant Nvidia, began trading on the Nasdaq and Toronto Stock Exchange on Friday, rallying 15% in the U.S. after a difficult start in public markets. The listing came a week after Singapore-based quantum software company Horizon Quantum began trading following its merger with dMY Squared Technology Group, making it the first publicly traded, pure-play quantum computing company. The recent quantum listings come amidst turbulent global markets, as conflict in the Middle East roils investor confidence, particularly in risky, speculative assets like quantum companies. The first practical quantum advantage is expected at around 100 logical qubits by 2028-2029 for commercial applications.