Citing The Coin Republic, Grayscale filed an S-1 with the SEC on November 13 for its initial public offering (IPO), seeking to list its Class A common stock on the New York Stock Exchange under the ticker symbol GRAY. The company reported $203.3 million in net income for the nine months ended September 30, with $318.7 million in total revenue. For the full year 2024, Grayscale generated $506.2 million in revenue and $282.1 million in net income. The firm managed $35 billion in assets under management as of September 30 and estimates its total addressable market at $4 trillion. Morgan Stanley, BofA Securities, and other major Wall Street firms are acting as lead underwriters for the offering.
Grayscale Files for IPO, Reports $203 Million Net Income for 2025
The Coin RepublicShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.