Grayscale Investments, a digital asset-focused investment platform, is preparing to go public by submitting a draft registration statement on Form S-1 to the SEC.
The company was founded in 2013 and facilitates investments in the digital economy through various investment products.
Grayscale won a court battle with the SEC in 2023 over its efforts to create a spot bitcoin exchange-traded fund (ETF), which spurred optimism among traders.
Similar efforts in the cryptocurrency space include ReserveOne's SPAC merger plans and Gemini's draft registration statement for an initial public offering.