Chime, a digital bank popular with younger customers, is the latest tech firm to go public. The stock will begin trading Thursday under the ticker symbol CHYM.

Digital banking service provider Chime Financial is expected to begin trading its stock on the Nasdaq Thursday in a closely watched IPO.

Chime's strong debut is seen as a positive sign for the U.S. IPO market, which has been sluggish for several years. But that may be changing.