{"id":36991,"date":"2025-07-15T13:31:52","date_gmt":"2025-07-15T13:31:52","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=36991"},"modified":"2025-07-15T13:31:52","modified_gmt":"2025-07-15T13:31:52","slug":"grayscale-public-listing-plans-to-materialize-soon-company-submits-ipo-filing-to-sec","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=36991","title":{"rendered":"Grayscale Public Listing Plans to Materialize Soon? Company Submits IPO Filing to SEC"},"content":{"rendered":"<div>\n<p><em>Grayscale is reportedly filing for an IPO with the SEC. It is a major crypto player, issuing spot Bitcoin and Ethereum ETFs.<\/em><\/p>\n<p><span data-preserver-spaces=\"true\">Based on the success of MicroStrategy and SharpLink, it is no coincidence that more crypto firms are opting to fundraise via IPOs and list on top U.S. exchanges rather than holding ICOs. <\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">Grayscale Privately Files for an IPO<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Yesterday, it emerged that Grayscale Investments, a leading crypto asset manager and issuer of spot Ethereum and Bitcoin ETFs, <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.reuters.com\/markets\/us\/crypto-focused-grayscale-confidentially-files-us-listing-2025-07-14\/\" target=\"_blank\" rel=\"noopener nofollow\"><span data-preserver-spaces=\"true\">confidentially<\/span><\/a><span data-preserver-spaces=\"true\"> filed a Form S-1 with the United States Securities and Exchange Commission (SEC). <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The filing signals an intention to pursue an IPO in the United States, a move amid a favorable crypto environment under President Donald Trump. It also coincides with <a class=\"cpp-widget-coin cpp-widget-99btc\" href=\"https:\/\/99bitcoins.com\/\" target=\"_blank\" rel=\"nofollow sponsored\" data-symbol=\"btc\" data-name=\"Bitcoin\" data-price=\"116900.000000000000000\" data-change=\"-4.19\" data-chart-style=\"99btc\" data-cta_text=\"Buy with Best Wallet\"><img decoding=\"async\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/02\/26205235\/btc.svg\" alt=\"btc logo\">BTC <span style=\"color: #ef4546;\">\u25bc-4.19%<\/span><\/a> soaring above $123,000 and Ethereum soaring above $3,000, lifting some of the <\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-crypto-to-buy\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">best cryptos to buy<\/span><\/a><span data-preserver-spaces=\"true\"> in the process.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\"><\/p>\n<div class=\"cpp-crypto-chart cpp-crypto-chart-99btc cpp-crypto-chart-btc\" data-coin-symbol=\"btc\" data-price-usd=\"BTC Price (USD)\" data-main-color=\"#4caf05\" data-watermark-image=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/99bitcoins-logo.png\" data-chart-style=\"99btc\">\n<div class=\"cpp-chart-top-section\">\n<div class=\"cpp-chart-info-section\">\n<div class=\"cpp-chart-logo\"><img decoding=\"async\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/02\/26205235\/btc.svg\" alt=\"btc logo\"><\/div>\n<div class=\"cpp-chart-coin-details\">\n<div class=\"cpp-chart-labels-row\">\n<div class=\"cpp-chart-coin-name\">Bitcoin<\/div>\n<div class=\"cpp-chart-price-info\">Price<\/div>\n<div class=\"cpp-chart-market-cap\">Market Cap<\/div>\n<\/div>\n<div class=\"cpp-chart-values-row\">\n<div class=\"cpp-chart-coin-symbol\">BTC<\/div>\n<div class=\"cpp-chart-price\"><\/div>\n<div class=\"cpp-chart-market-cap-value\">$2.33T<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"cpp-chart-selectors cpp-chart-selectors-99btc\"><span class=\"cpp-chart-selector\" data-period=\"24h\">24h<\/span><span class=\"cpp-chart-selector\" data-period=\"7d\">7d<\/span><span class=\"cpp-chart-selector\" data-period=\"30d\">30d<\/span><span class=\"cpp-chart-selector\" data-period=\"1y\">1y<\/span><span class=\"cpp-chart-selector\" data-period=\"all_time\">All time<\/span><\/div>\n<\/div>\n<p><canvas id=\"cpp-chart-6876381c34c0d\" class=\"cpp-chart-container cpp-chart-container-99btc\"><\/canvas><\/div>\n<p><\/span><\/p>\n<p><span data-preserver-spaces=\"true\">According to reports, Grayscale submitted a draft registration statement, Form S-1, as stipulated under the JOBS Act. This official filing allows Grayscale to keep financial details private until 15 days before its investor roadshow. <\/span><\/p>\n<p><iframe loading=\"lazy\" title=\"The JOBS Act and IPOs\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/act6vHTlHMk?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p><span data-preserver-spaces=\"true\">The confidential approach minimizes public scrutiny while Grayscale negotiates with the regulator and refines its fundraising plan. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Due to the confidentiality of the filing, there are no details about the number of shares Grayscale seeks to issue or the valuation target. Moreover, the precise timeline for the IPO remains unclear, as it will depend on market conditions and SEC approval.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">DISCOVER:\u00a0<\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-crypto-to-explode\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">20+ Next Crypto to Explode in 2025\u00a0<\/span><\/a><\/strong><\/p>\n<h2><span data-preserver-spaces=\"true\">Resilience After Challenges<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">This development is a welcome boost for Grayscale, showcasing its resilience following the bankruptcy of its parent company, Digital Currency Group (DCG), in 2022 and 2023. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">DCG faced challenges due to its ties with Genesis Global Trading, a sister company, during the market turbulence of the last crypto winter. This turbulence drove some of the <\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-solana-meme-coins\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">top Solana meme coins<\/span><\/a><span data-preserver-spaces=\"true\"> to all-time lows and led to the collapse of FTX and other crypto venture capital firms. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Genesis Global Trading, a crypto lending arm under DCG, faced significant challenges after FTX\u2019s bankruptcy, which impacted the $175 million the trading firm had tied to the exchange.<\/span><\/p>\n<p><strong>DISCOVER:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-1000x-crypto\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025<\/a><\/strong><\/p>\n<h2><span data-preserver-spaces=\"true\">Grayscale Is a Major Player in Crypto<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Since that market turbulence, Grayscale has bounced back strongly, converting its Grayscale Bitcoin and Ethereum Trusts into spot ETFs in 2024. Collectively, these SEC-regulated products manage over $30 billion in assets, with GBTC holding over $28 billion. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Grayscale\u2019s prior experience with the SEC will aid negotiations with the regulator. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Under the Donald Trump administration, there have been major regulatory changes. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The GENIUS Act will likely become law in 2026, while SAB 121, which barred traditional financial institutions from holding crypto, has been rescinded. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">SAB 122 now <a class=\"general-link\" href=\"https:\/\/www.sec.gov\/rules-regulations\/staff-guidance\/staff-accounting-bulletins\/staff-accounting-bulletin-122\" target=\"_blank\" rel=\"noopener nofollow\">permits<\/a> banks to engage with crypto, creating a more crypto-friendly environment.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Welcome back to The Bitcoin Treasuries Podcast.<\/p>\n<p>Today&#8217;s guest is <a href=\"https:\/\/twitter.com\/JoeConsorti?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">@JoeConsorti<\/a> <\/p>\n<p>We discuss global liquidity cycles, SAB 122, how you can buy <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">#Bitcoin<\/a> with your house, and more!<\/p>\n<p>This episode is presented by <a href=\"https:\/\/twitter.com\/OnrampBitcoin?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">@OnrampBitcoin<\/a> <\/p>\n<p>Learn more about multi institutional custody and ask\u2026 <a href=\"https:\/\/t.co\/ubrPj2zKNU\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/ubrPj2zKNU<\/a><\/p>\n<p>\u2014 Tim Kotzman (@TimKotzman) <a href=\"https:\/\/twitter.com\/TimKotzman\/status\/1889341545641337100?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">February 11, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span data-preserver-spaces=\"true\">The IPO would provide Grayscale access to broader capital markets, enabling it to raise funds beyond its ETF products while enhancing transparency and strengthening corporate governance. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">If successful, it would cement Grayscale as a dominant player in crypto, allowing the company to expand and issue stablecoins, as is the trend with major TradFi firms. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Grayscale may also consider creating a crypto treasury, accumulating Bitcoin and Ethereum to bolster its reserves.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">DISCOVER:<\/span><\/strong> <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-crypto-to-explode\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">16 Next Crypto to Explode in 2025: Expert Cryptocurrency Predictions &amp; Analysis<\/span><\/a><\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h2 class=\"nnbtc-key-takeaways__title\">Grayscale IPO Filing with SEC: Will Crypto Benefit?<\/h2>\n<ul class=\"nnbtc-key-takeaways__list\">\n<li class=\"nnbtc-key-takeaways__list-item\">\n         <span data-preserver-spaces=\"true\">Grayscale confidentially submits Form S-1 to the SEC<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span>    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         <span data-preserver-spaces=\"true\">Coincides with Bitcoin breaking $123,000 <\/span>    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         <span data-preserver-spaces=\"true\">Crypto environment friendly under Donald Trump<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span>    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         <span data-preserver-spaces=\"true\">Grayscale already issues spot Bitcoin and Ethereum ETFs<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span>    <\/li>\n<\/ul><\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/altcoins\/grayscale-public-listing-plans-to-materialize-soon-company-submits-ipo-filing-to-sec\/\">Grayscale Public Listing Plans to Materialize Soon? Company Submits IPO Filing to SEC<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Grayscale is reportedly filing for an IPO with the SEC. It is a major crypto player, issuing spot Bitcoin and Ethereum ETFs. Based on the success of MicroStrategy and SharpLink, it is no coincidence that more crypto firms are opting to fundraise via IPOs and list on top U.S. exchanges rather than holding ICOs. Grayscale [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-36991","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/36991","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=36991"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/36991\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=36991"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=36991"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=36991"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}