Crypto treasury underwriter Clear Street plans to go public early next year: FT
Crypto Briefing
Crypto treasury underwriter Clear Street is planning an IPO as soon as January, potentially valuing the firm at $12 billion.Summary
Clear Street, a firm that underwrites and advises on equity and debt offerings for companies raising public capital to acquire digital assets like Bitcoin, is preparing for an initial public offering (IPO) as early as January. This potential listing, reportedly led by Goldman Sachs, could value the company at up to $12 billion. The move reflects growing institutional acceptance of digital assets, with other crypto-linked firms also planning public listings in 2025. However, the recent downturn in digital assets and related stocks raises concerns about whether Clear Street can maintain the momentum that supported its high valuation.
(Source：Crypto Briefing)