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Digital asset-focused investment platform Grayscale prepares to go public

The company said in a Monday press release that it confidentially submitted a draft registration statement on Form S-1 to the SEC. Grayscale Investments was founded in 2013 and facilitates investments in the digital economy through investment products. 

“The number of shares to be registered and the price range for the proposed registration have not yet been determined,” the company said in the release. “The registration is expected to take place after the SEC completes its review process, subject to market and other conditions.”