Grayscale Files for IPO: Crypto Firm Looks to Public Market for Growth

Grayscale, a prominent cryptocurrency asset manager, is taking a significant step toward mainstream finance by seeking an initial public offering (IPO). This move follows the increasing trend of digital-asset firms seeking public market opportunities. Grayscale plans to list on the New York Stock Exchange under the ticker symbol “GRAY,” marking a pivotal moment in its evolution as a publicly traded company. This IPO announcement reflects the ongoing integration of digital finance within established investment sectors.