Grayscale postpones US stock IPO plan, will reassess at least until the fourth quarter

According to CoinDesk, digital asset management company Grayscale has suspended its preparations for a public listing in the United States due to the current unfavorable market environment, with the earliest expected restart of the related process being in the fourth quarter of this year. Grayscale is a subsidiary of DCG and is the issuer of several crypto investment products, including the Bitcoin spot ETF GBTC.

2026 was originally seen as a peak year for crypto company IPOs, but as trading volumes weaken and the performance of new listings like BitGo falls short of expectations, companies such as Kraken's parent company Payward, ConsenSys, and Ledger have also chosen to delay their listing plans. Meanwhile, Blockchain.com is still advancing its IPO application in the United States.