Crypto Crash Weighs on US IPOs as Candidates Push Out Timing

Returns from new US listings have waned considerably this quarter and the crypto crash has made recent IPOs in the sector among the biggest casualties, creating a higher bar for...

By Anthony Hughes · Bloomberg

Returns from new US listings have waned considerably this quarter and the crypto crash has made recent IPOs in the sector among the biggest casualties, creating a higher bar for companies such as Grayscale Investments Inc. and BitGo Holdings Inc. to go public in the near future.