Foresight News reports that, according to Reuters, Strategy underwriter Clear Street announced a delay of its US IPO originally scheduled for Friday, citing “market conditions” as the reason. Additionally, the company has significantly reduced its Nasdaq IPO fundraising target from an initial $1.05 billion to $364 million. After the reduction, Clear Street’s valuation is approximately $7.2 billion, down from the previous target valuation of $11.8 billion.
In recent years, Clear Street has become one of the leading underwriters for cryptocurrency-related stock offerings, providing underwriting services for multiple crypto treasury companies, including multiple stock offerings for Strategy, and has also served as an underwriter for Trump Media & Technology Group.
Foresight News previously reported that Clear Street announced in early December 2025 that it plans to go public as early as January 2026.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bank of Canada issues its first tokenized bond! "Issuance, Bidding, and Settlement" all managed on a single ledger
The Bank of Canada completed the "Project Samara" trial, successfully issuing 100 million CAD in tokenized government bonds, becoming the first case of bonds using distributed ledger technology. Participating institutions include multiple banks, aiming to improve financial market efficiency. The trial demonstrated that blockchain can shorten settlement times but requires overcoming regulatory challenges and exploring integration with existing systems. Financial institutions worldwide are increasingly concerned about tokenized assets, and Canada is also establishing a corresponding regulatory framework.
区块客1m ago
Monex Europe: Iran Conflict Drives Safe-Haven Fund Inflows, Dollar Supported Short-Term
Monex Europe analyst report indicates that the Iran conflict is driving safe-haven flows toward the US dollar, and the dollar may continue to be supported in the short term due to rising oil prices and the Federal Reserve maintaining a tight monetary policy. However, in the long term, receding energy price concerns could expose the dollar to downside risks.
GateNews11m ago
BlackRock Launches iShares Staked Ethereum Trust ETF ETHB, Trading Begins Tomorrow on Nasdaq
BlackRock launched the iShares Staked Ethereum Trust ETF (ETHB) on March 12, which will trade on Nasdaq starting March 13. The ETF will hold spot Ethereum and stake a portion of its assets, charging a 0.25% fee, with a 0.12% discount for the first $2.5 billion in assets, expanding its digital asset product line.
GateNews20m ago
US-listed Company Cosmos Health Invests $600,000 to Increase Bitcoin Holdings
Gate News: On March 12, Nasdaq-listed company Cosmos Health announced an investment of $600,000 to increase its Bitcoin holdings. To date, the company's total digital asset reserve investment has reached $3.1 million, holding Ethereum in addition to Bitcoin. (Source: Globenewswire)
GateNews40m ago
BTC has risen approximately 7% since the US-Iran conflict on February 28, while gold fell 2% and the Nasdaq fell 0.5% during the same period.
Gate News report: On March 12, Arthur Hayes posted that BTC has accumulated gains of approximately 7% since the US-Iran conflict erupted on February 28, while gold declined approximately 2% over the same period, and the Nasdaq 100 Index (US technology stock benchmark index) experienced a slight decline of approximately 0.5%.
GateNews1h ago
Stablecoins are on the rise! Jefferies: Bank deposits may decline by 3% to 5% within the next 5 years
Due to the rise of stablecoins, traditional banks face medium-term risks of deposit outflows. Jefferies predicts that banks could lose 3% to 5% of core deposits within the next five years, which would impact bank profitability. Stablecoins have expanded into payments and corporate treasury management, with the market expected to grow significantly. Traditional financial institutions are actively deploying stablecoins to address these challenges, particularly as banks that rely on retail deposits will face greater risks.
区块客1h ago
