Clear Street Plans $12B IPO With Goldman Sachs as Lead

Clear Street, a New York-based financial services firm specializing in crypto-treasury services, is planning a public listing potentially as early as next month. The IPO could value the firm between $10 billion and $12 billion. Goldman Sachs is expected to lead the offering.

Founded in 2018, Clear Street has capitalized on the growing interest in crypto-treasury models in the US.
As per BitcoinTreasuries.net, top publicly traded companies have acquired over 1 million BTC, valued at approximately $94 billion.
Clear Street has managed major crypto treasury deals totaling around $91 billion this year.
The potential listing will gauge investor interest in crypto-treasury models amidst uncertain Fed policies and market volatility.

Meanwhile, the SUBBD presale has raised $1.4 million out of its $1.5 million target. SUBBD focuses on AI-driven personalization for creators and brands.