Grayscale Joins Wave Of Crypto IPOs This Year
Grayscale Investments, a crypto-focused asset manager, has filed an S-1 registration form with the US Securities and Exchange Commission for a proposed initial public offering (IPO).
The company will offer an undisclosed number of Class A shares and list them on the New York Stock Exchange. The IPO is subject to market conditions, and Grayscale has not confirmed a timeline for completion.
“Our platform offers investors diversified exposure to the digital asset class that is management fee-based, capital efficient and cash flow generating,” Grayscale founder and chairman Barry Silbert said in a prepared statement.
Grayscale Bets Investors Still Have The Appetite
The Connecticut-based firm reported in the filings diminished…
