The post Grayscale announces the public listing with IPO appeared on BitcoinEthereumNews.com.
Grayscale, one of the leading global managers of digital assets, announced its intention to go public through an IPO. The news of the submission of the request to the Securities and Exchange Commission (SEC) has caught the attention of investors, involving institutional and retail players in a strategic phase for the bull and bear market. Grayscale: the strategic IPO towards public listing Grayscale, among the leading managers of digital assets and exchange-traded fund (ETF) products linked to cryptocurrencies, announced on Monday that it has filed a request for listing shares. The operation took place according to a new SEC clause that allows the filing to be submitted in confidential mode before a definitive public offering. This strategy allows Grayscale to assess optimal conditions and timing, reducing the risk of excessive volatility or market information leaks. Entering the public markets will allow Grayscale to access new financing tools. Opportunities will indeed open up, such as the issuance of ordinary shares, following the model adopted by Michael Saylor, or the use of convertible notes, a path recently followed by GameStop with a fundraising of 2.25 billion dollars announced on June 13. The context: a season of IPOs for crypto companies The announcement by Grayscale is part of a particularly dynamic season for IPO crypto in the United States. Just a month earlier, Circle, issuer of the second-largest stablecoin in the world, USDC, had expanded its IPO to over 1.05 billion dollars, debuting on the New York Stock Exchange on June 5. The listing attributed Circle a valuation of 6.9 billion dollars, calculated based on over 220 million shares outstanding, as already indicated in a communication submitted on June 2. These movements reveal how the cryptocurrency sector is increasingly attractive even for the traditional financial market. Furthermore, the attention of investors grows in…