Grayscale's Public Listing: Advancing Crypto Adoption as Regulations Vary Worldwide

Bitget App

Trade smarter

Bitget

News

Markets

Grayscale's Public Listing: Advancing Crypto Adoption as Regulations Vary Worldwide

Bitget-RWA2025/11/13 14:36

By:Bitget-RWA

- Grayscale files U.S. IPO via S-1, joining crypto firms like Circle and Bullish in public markets. - IPO details remain undetermined, contingent on SEC review and market conditions. - Japan's TSE tightens crypto listing rules amid volatile "crypto hoarding" stock collapses. - U.S. regulators advance crypto rulemaking post-shutdown, potentially accelerating Grayscale's approval. - Grayscale's IPO highlights crypto's institutional push amid global regulatory divergence.

Grayscale, a crypto asset management firm, Seeks U.S. IPO

The digital asset manager has filed an S-1 registration statement with the SEC, aiming to launch a public stock offering as more industry participants

ramp up efforts to enter U.S. public markets

Grayscale Investments, which manages the

Grayscale Bitcoin Trust

(GBTC) along with multiple crypto ETFs, has submitted an S-1 form to the U.S. Securities and Exchange Commission (SEC) for a possible initial public offering.

Grayscale's Public Listing: Advancing Crypto Adoption as Regulations Vary Worldwide image 0

According to the filing,

the total shares and price range for the IPO have not yet been set

, and the offering will depend on SEC approval and prevailing market conditions. This step makes Grayscale one of the largest digital asset managers to seek a public listing, highlighting ongoing institutional interest in crypto.

This move is part of a larger wave of crypto-focused companies entering U.S. stock markets.

Earlier in the year, Circle Internet Group

(CRCL), a stablecoin provider, and the crypto trading platform Bullish (BLSH) both achieved public listings, marking a shift toward mainstream capital markets. Grayscale’s IPO could further validate cryptocurrencies as an investment category, especially as more institutions seek regulated investment options.

Nonetheless, regulatory oversight remains unpredictable. In Japan,

the Tokyo Stock Exchange operator is considering new steps

to slow the expansion of publicly traded crypto treasury firms, citing concerns for retail investors after steep drops in so-called “crypto hoarding” stocks. Companies such as Metaplanet Inc., which began

accumulating Bitcoin

in 2024, have experienced share price declines exceeding 75% since their 2025 peaks.

The Tokyo exchange is weighing tighter rules on backdoor listings

and may require mandatory audits for businesses pivoting to crypto-centric models.

In the U.S., regulatory progress has resumed after concerns about a government shutdown, with Congress returning to address crypto policy.

A procedural mechanism that lets ETFs launch without direct SEC approval

has already allowed some funds to debut, and agencies like the IRS and Office of the Comptroller of the Currency are moving forward with new regulations. This clearer legislative environment could speed up the approval process for crypto offerings, including Grayscale’s IPO.

Grayscale’s IPO application highlights the industry’s evolution amid shifting regulatory dynamics. While Japan’s stricter approach points to the dangers of speculative crypto activity, the U.S. seems to be paving the way for greater institutional participation. As the SEC evaluates Grayscale’s S-1, market participants will be watching for regulatory signals on the integration of crypto with traditional finance.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops

Lock your assets and earn 10%+ APR

Lock now!

- Upexi authorizes $50M stock buyback to counter 50%+ price drop amid crypto sector volatility. - The Solana-focused firm holds $319M in SOL tokens, leveraging crypto gains to offset equity declines. - Regulatory scrutiny intensifies globally as DATs face buyback restrictions and index exclusion risks. - VisionSys AI's 88% stock collapse highlights execution risks in crypto treasury strategies.

Bitget-RWA•2025/11/13 17:02

Solana News Update: Upexi's Repurchase Strategy: Offsetting Falling Shares with Rising Cryptocurrency Assets

DoorDash Analysts Lower Price Targets, Yet Bullish Sentiment Remains Due to Robotics Growth

- Goldman Sachs cuts DoorDash (DASH) price target to $279 (-11.43%) but maintains "buy" rating, joined by B of A and Cantor Fitzgerald in cautious optimism. - DoorDash expands autonomous delivery to Miami with Coco Robotics, targeting national grocers via DashMart to reduce traffic/emissions while meeting demand. - Analysts highlight 24.46% YoY revenue growth and multi-modal delivery strategy (humans + drones/robots) as key differentiators in competitive market. - Mizuho and Susquehanna maintain bullish st

Bitget-RWA•2025/11/13 17:02

DoorDash Analysts Lower Price Targets, Yet Bullish Sentiment Remains Due to Robotics Growth

XRP News Today: SEC Strives to Foster Innovation While Safeguarding Investors in Revamping Cryptocurrency Regulations

- SEC proposes "Project Crypto" framework to classify crypto assets, exempting digital commodities from securities rules while retaining oversight for tokenized traditional instruments. - Framework introduces "investment contract expiration" concept, allowing tokens to shed securities status as projects decentralize, addressing industry frustrations over rigid classifications. - Bipartisan Senate bill seeks to shift digital commodity regulation to CFTC, creating parallel regulatory tracks with SEC retainin

Bitget-RWA•2025/11/13 17:02

Cyber attackers repurpose legitimate cybersecurity software as a Trojan horse to steal cryptocurrency

- Australian cybercriminals exploit official ReportCyber platform to scam crypto holders by impersonating police and fake data breaches. - Two-stage fraud involves stolen personal data for fake reports, followed by urgent calls demanding crypto transfers to "secure" wallets. - AFP warns legitimate authorities never request wallet access and urges immediate call termination for unsolicited ReportCyber alerts. - Authorities highlight rising crypto fraud sophistication, with 14,000+ scam sites removed since 2

Bitget-RWA•2025/11/13 17:02