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Asset Manager Grayscale Files for IPO in US - news.adtechsolutions Asset Manager Grayscale Files for IPO in US - news.adtechsolutions

Asset Manager Grayscale Files for IPO in US



Grayscale Investments, an asset management company specializing in digital asset investments, has filed a registration statement as part of the process to go public on the US markets.

In a Thursday filing with the US Securities and Exchange Commission, Grayscale he said plans to list shares of its Class A common stock on the New York Stock Exchange under the ticker symbol GRAY. The company said the initial price will be determined “through a direct action program” to investors in its Grayscale Bitcoin Trust ETF and Grayscale Ethereum Trust ETF.

The filing of Form S-1 was part of the process for the asset management company to go public, but it was not yet effective. Based on the SEC’s approval record, it could take weeks to months before the registration statement becomes effective and the company prepares to list its shares.

Grayscale’s filing came on the first day the SEC is due return to normal operation after a 43-day government shutdown. Although companies could file documents while the agency had limited staff and capabilities, it was unlikely that the SEC would be able to move forward with approving IPOs or investment vehicles such as ETFs.

Related: Wall Street’s next crypto game may be IPO-ready crypto companies, not altcoins

The public SEC filing happened about four months later Grayscale had filed confidentially for an IPO. According to the data in the registration statement, the asset manager reported about a decrease of $20 million in net income year on year, to $203.3 million in September 2025 from $223.7 million in September 2024.

Crypto companies leaning towards IPO, or not?

Not every company with ties to crypto investments has said it will pursue an initial public offering for the US markets.

Ripple Labs he said last week that the company has no plans to go public, despite the fact that it is no longer agreeable with an SEC lawsuit and have an estimate of $ 1.3 billion in revenue by 2024. In September, the cryptocurrency exchange Kraken did not. seems to have presented for an IPO.