Crypto-focused Grayscale confidentially files for US listing
The move comes more than a month after the blockbuster IPO of stablecoin giant Circle (CRCL.N), opens new tab, another major name in the crypto industry.
The IPO market is showing signs of revival after tariffs announced by U.S. President Donald Trump in April briefly stalled its recovery following a two-year lull.
A range of companies across sectors is preparing to list in the coming months, including textbook publisher McGraw Hill and consumer intelligence firm NIQ Global, which disclosed their IPO terms on Monday.
Grayscale, founded in 2013, manages more than $33 billion of assets across more than 35 investment products.
A prominent player in the crypto space, Grayscale also oversees a leading spot bitcoin exchange-traded fund.
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