Grayscale prepares public listing as crypto IPO momentum builds
Crypto giant Grayscale targets U.S. exchange with S-1 filing
Grayscale Investments has officially announced the submission of a draft registration statement on Form S-1 to the U.S. Securities and Exchange Commission (SEC) for a proposed initial public offering (IPO).
According to the company’s statement, the number of shares to be registered and the price range have not yet been determined. The offering is expected to take place after the SEC completes its review, subject to market and other conditions.
Grayscale also clarified that the confidential filing and press release do not constitute an offer to sell or a solicitation to buy any securities. Any offering will be made in compliance with the registration requirements of the Securities Act of 1933, as amended.
Circle sparks IPO momentum in crypto sector
Grayscale joins a wave of crypto companies inspired by Circle’s successful IPO in April. Firms are now looking to go public to capitalize on the rising investor interest in cryptocurrency and digital assets.
Among those preparing for or exploring IPOs are Uphold, Gemini, Bullish, FalconX, and SOL Strategies, all seeking a place on the public market.
As we wrote, Grayscale files for Solana-ETF registration with SEC
