Following the conclusion of the recent US government shutdown, Grayscale, the industry’s leading asset manager, has made a significant move by filing for its initial public offering (IPO) with US regulators.

This step aligns with a trend where several crypto-focused companies have been increasingly entering the IPO race, reflecting the growing prominence of digital assets within the financial landscape.

Grayscale’s IPO Revelation

Grayscale initiated the IPO process confidentially back in July, which allowed the company to withhold public disclosure of its financial information until now, with the official IPO filing now unveiled for public scrutiny.

With assets under management totaling $35 billion as of September 30, Grayscale disclosed a net income of $203.3 million in th

See Full Page