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Stock impact report

Crypto Asset Manager Grayscale Files for IPO in the U.S. [Yahoo! Finance]

Circle Internet Group, Inc. Class A (CRCL) 
Company Research Source: Yahoo! Finance
exchange traded funds, filed to sell shares on the New York Stock exchange, joining the wave of crypto companies that have become publicly traded this year. The company, a subsidiary of crypto-focused venture capital firm Digital Currency Group (DCG), filed an S-1 form with the U.S. Securities and Exchange Commission (SEC) on Thursday. The number of shares and proposed price range for the offering has not yet been determined. DCG would retain control of the company after the listing, according to the document. The Stamford, Connecticut-based asset manager was at the forefront of the long march toward getting spot bitcoin ETFs approved in the U.S., suing the SEC over its rejection of the application to covert its flagship Grayscale Bitcoin Trust into an ETF. "We are a pioneer that enabled — and helped scale — investor access to the fastest-growing asset class in recent history," Chairman Barry Silbert wrote in the filing. "Our platform offers investors diversified exposure to the Show less Read more
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