Asset manager Grayscale delays IPO plans as crypto listing boom loses steam
CoinDesk
Grayscale has paused its U.S. IPO preparations until at least the fourth quarter, citing unfavorable market conditions and cooling interest in crypto listings.Summary
Investment firm Grayscale has postponed its planned initial public offering (IPO), with reports indicating it is unlikely to resume the process before the fourth quarter of 2026. This decision follows a broader trend where several major cryptocurrency companies, including Kraken, Consensys, and Ledger, have stalled their public listing ambitions due to market volatility, soft trading activity, and lackluster performance from recently public crypto firms. Despite this pause, Grayscale continues to expand its product offerings, recently experiencing success with its Ethereum Staking Mini ETF.
(Source：CoinDesk)