Group 1 - Grayscale Investments Inc. has filed an S-1 form with the SEC for a public listing on the NYSE under the symbol "GRAY" [1] - The IPO will feature two classes of common stock: Class A with one vote per share and economic rights, and Class B with ten votes per share but no economic rights [2] - The number of shares and price range for the IPO have not yet been determined, and the offering is subject to market conditions [2] Group 2 - The end of the US government shutdown has restored normal operations for the cryptocurrency industry, with Grayscale's announcement indicating confidence in the sector's recovery [3] - Grayscale's chief legal officer commented on the SEC's potential handling of S-1 forms post-shutdown, suggesting that they may automatically become effective after 20 days or require further engagement [4]

Group 1 - HashKey Group has filed for an IPO in Hong Kong, aiming to raise up to $500 million and list within this year [1][2] - The move aligns with Hong Kong's regulatory efforts towards digital assets, including the launch of a licensing regime for stablecoin issuers [2] - HashKey has announced plans to launch Asia's largest multi-currency digital asset treasury ecosystem fund, targeting over $500 million in its first phase [2] Group 2 - The company has expanded its global presence, receiving conditional approval from Dubai's VARA and regulatory approvals in Bermuda and Ireland [3] - KPMG predicts Hong Kong will lead global IPO rankings, with nearly 300 active IPO filings as of September 30, marking a historical high [4] - The interest in IPOs from emerging industries like AI and crypto reflects a growing investor appetite for forward-looking investments [5] Group 3 - Following the IPO report, HashKey's native token, HSK, surged 13% to $0.46, indicating increased speculation about growth and token utility [6] - A successful IPO could enhance HSK's visibility among traditional investors and broaden its use cases [6]

Key Points Gemini stock reached as high as $45.89 in its first day of trading after initially being listed at $28 a share. The crypto exchange raised $425 million from the IPO. This is the second successful crypto-related IPO in as many days. 10 stocks we like better than Gemini Space Station › Gemini Space Station (NASDAQ: GEMI) soared on Friday, finishing the day up 14.3%. The move comes as the S&P 500 (SNPINDEX: ^GSPC) was down slightly and the Nasdaq Composite (NASDAQINDEX: ^IXIC) gained 0.4%. ...