Grayscale’s decision to delay its IPO highlights the growing caution across the crypto industry as volatile markets and weak investor demand weigh on public listing plans. Grayscale has paused its IPO plans due to unfavorable market conditions and is unlikely to resume preparations before Q4, according to a source. The crypto asset manager, which filed confidentially for a U.S. IPO last November, is one of the industry’s largest firms and oversees products including the Bitcoin Trust ETF (GBTC)…
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