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Digital Asset-Focused Investment Platform Grayscale Prepares to Go Public

  • 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.

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