Large institutional firm, Clear Street, is considering a new IPO — crypto-treasury focus is back in the news
Clear Street, a brokerage and financial services firm — said it could launch an IPO as early as 2026.
The firm operates a multi-billion dollar ‘crypto treasury’ model — meaning it holds large amounts of Bitcoin and other digital assets.
However, the recent decline has once again called into question its value, as well as its ‘buy and hold’ model.

