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Today in crypto, Grayscale has filed an IPO application in the United States. Singapore says only fully regulated, reserve-backed stablecoins will count as settlement assets under upcoming legislation, and President Donald Trump has signed a disputed funding bill, ending the longest US government shutdown.
Grayscale Investments, an asset management company specializing in digital asset investments, has filed a registration statement as part of the process for going public on US markets.
In a Thursday filing with the US Securities and Exchange Commission, Grayscale said it intended to list shares of its Class A common stock on the New York Stock Exchange under the ticker symbol GRAY. The company said the initial price would be determined “through a directed share program” to investors in its Grayscale Bitcoin Trust ETF and Grayscale Ethereum Trust ETF.
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