Clear Street, a brokerage firm that has underwritten cryptocurrency-related stocks, plans to go public as early as next month, with a potential valuat...
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TL;DR
Clear Street, a key underwriter for crypto-related IPOs, plans to go public as early as next month with a valuation of $10-12 billion, led by Goldman Sachs.
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EverclearBitcoinLayer 1Halving TokensClear StreetIPOcryptocurrencyunderwritervaluation
According to Mars Finance, New York brokerage Clear Street is preparing for an IPO, potentially as early as next month. Goldman Sachs is expected to lead the deal, but it's unlikely to close before January. The estimated valuation is between $10 billion and $12 billion. Clear Street has become one of the most prominent underwriters for cryptocurrency-related IPOs, including Strategy's offering. The firm also served as an underwriter for Trump Media and Technology Group, which has stated its intention to raise billions of dollars to build its own Bitcoin vault.