Grayscale Investments has announced that it has confidentially submitted a draft registration statement for a listing to the U.S. SEC.

Grayscale Investments announced on July 14 that it has confidentially submitted a draft registration statement (Form S-1) to the U.S. Securities and Exchange Commission (SEC) for a listing. The draft has not yet determined the number of shares to be issued or the price range, and the registration process is expected to proceed at an opportune time after the SEC completes its review. This announcement does not constitute an offer to issue or sell any securities, and Grayscale stated that this action complies with the relevant provisions of Section 135 of the Securities Act. [Wu Talk]