SEC thwarts aspiring crypto companies form public listings in 2022, WSJ says

As financial distress and volatility gripped the cryptocurrency landscape in 2022, the Securities and Exchange Commission, or SEC, has thwarted crypto companies aspiring for a U.S. listing, wrote By Dave Michaels and Peter Rudegeair for the Wall Street Journal. Bullish Global, Circle Internet Financial and eToro Group, all "failed to secure the SEC approvals," necessary for an IPO, noted the WSJ story. Crypto broker Galaxy Digital Holdings (GLXY) has been questioned extensively by SEC staff after filing IPO paper work with Nasdaq, according to the WSJ. Publicly traded companies in the space include Bit Digital (BTBT), Coinbase (COIN), Core Scientific (CORZ), Greenidge Generation (GREE), Marathon Digital (MARA), MicroStrategy (MSTR), Riot Blockchain (RIOT), Stronghold Digital Mining (SDIG) and TeraWulf (WULF). Reference Link