Grayscale's IPO Registration Document Goes Public Amid Continued Applications Under Trump Administration

On the 13th, cryptocurrency asset management company Grayscale Investments (hereafter, Grayscale) submitted its Initial Public Offering (IPO) registration statement (FORM S-1) to the U.S. Securities and Exchange Commission (SEC), and the details have now been made public.

While information regarding the price and quantity of shares remains unfilled, the application seeks to list Class A common stock under the ticker symbol 'GRAY' on the New York Stock Exchange (NYSE). With the advent of the cryptocurrency-friendly Trump administration, there is heightened attention on the IPOs of cryptocurrency companies in the U.S.

About IPOs

'Initial Public Offering' abbreviated as IPO. Enterprises...