Bitcoin News Update: Grayscale Submits IPO Application Amid 20% Revenue Decline and Intense Cryptocurrency Market Rivalry
- Grayscale Investments files for NYSE IPO as "GRAY", managing $35B in crypto assets including its flagship Bitcoin product. - The SEC filing follows a July S-1 submission, reflecting broader crypto sector trends with firms like Circle and Gemini also going public. - 2025 revenue dropped 20% to $318.7M due to competitive pressures and crypto market volatility, despite 2023 ETF conversion boosting credibility. - The IPO roadshow with Morgan Stanley and others targets $30-33B valuation, with listing expected
Grayscale Investments, recognized as one of the top crypto asset managers in the United States, has
The IPO
Grayscale's regulatory efforts have played a crucial role in its pursuit of a public listing.
The IPO journey will likely include a roadshow targeting institutional investors to determine pricing, with
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Airdrop Combines Equities and Internet Memes to Draw in Individual Investors
- Datavault AI (DVLT) and Scilex (SCLX) will airdrop Dream Bowl 2026 meme coins to shareholders on December 8, aiming to attract retail investors through stock-meme fusion. - The one-meme-per-share distribution triggered a 4.91% pre-market stock surge for DVLT , while short sellers face mandatory meme coin delivery obligations post-November 24 ex-dividend date. - The initiative builds on a $150M Bitcoin partnership with Scilex, leveraging blockchain trends and aligning with broader market optimism for cryp
UK’s Conservative Approach to Stablecoin Regulation May Leave It Lagging Behind International Competitors
- UK regulators propose strict stablecoin caps (£20k/individuals, £10m/businesses) and 60% UK debt backing to mitigate risks, sparking concerns over stifled innovation. - Critics argue 40% unremunerated central bank deposit requirement threatens UK competitiveness against US and Singapore's more flexible frameworks. - Global rivals like the US (GENIUS Act) and EU (MiCAR) advance stablecoin adoption, while UK's delayed finalization risks losing first-mover advantage in digital finance. - Industry leaders ur

UNI token rises after governance proposal for fee switch
Singapore tests tokenized government bonds and prepares stablecoin legislation for 2026
