According to a Reuters report, Techub News, Wall Street brokerage firm Clear Street has postponed its planned initial public offering (IPO) in the United States, originally scheduled for Friday, citing "market conditions." Furthermore, the firm has significantly reduced its Nasdaq IPO fundraising target from the initial $1.05 billion to $364 million. Following the reduction, Clear Street's valuation is approximately $7.2 billion, compared to its previous target valuation of $11.8 billion.
Clear Street has become one of the leading underwriters for cryptocurrency-related IPOs in recent years, providing underwriting services for numerous crypto treasury companies, including multiple IPOs for Strategy and the Trump Media & Technology Group. Previously, in early December 2025, Clear Street announced a listing date as early as January 2026.
