Grayscale launches first U.S. staking spot crypto ETFs
We advised Grayscale on enabling staking for its Ethereum and Solana products, with over $8.5 billion in assets
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Neptune $368 million IPO
The shares are listed on the New York Stock Exchange
Grayscale CoinDesk Crypto 5 ETF approved as first U.S. multi-asset crypto ETF
We advised Grayscale on securing SEC approval for the NYSE Arca listing
Gemini Space Station $450 million IPO
The shares are listed on the Nasdaq Global Select Market
Galaxy launches GLXY tokenized public shares on Solana
We advised Galaxy on the first ever tokenization of SEC-registered public equity on a major blockchain
Bullish $1.11 billion IPO
Bullish settled $1 billion of the proceeds in stablecoins denominated in dollars and euros
Strategy $4.2 billion perpetual stretch preferred stock at-the-market offering
The perpetual stretch preferred stock is listed on the Nasdaq Global Select Market
Strategy $2.5 billion stretch preferred stock IPO
This represents the largest IPO year to date in 2025 across all U.S. preferred and common equity offerings
Strategy $4.2 billion perpetual stride preferred stock at-the-market offering
The perpetual stride preferred stock is listed on the Nasdaq Global Select Market
Strategy $1 billion perpetual stride preferred stock offering
The proceeds will be used to fund in part the acquisition of additional bitcoin