July 14 (Reuters) - Crypto-focused asset manager

Grayscale said on Monday it has confidentially submitted

paperwork for a potential U.S. listing, joining a bunch of firms

looking to capitalize on resurgent equities.

The move comes more than a month after the blockbuster IPO

of stablecoin giant Circle, another major name in the

crypto industry.

The IPO market is showing signs of revival after tariffs

announced by U.S. President Donald Trump in April briefly

stalled its recovery following a two-year lull.

A range of companies across sectors is preparing to list in

the coming months, including textbook publisher McGraw Hill and

consumer intelligence firm NIQ Global, which disclosed their IPO

terms on Monday.

Grayscale, founded in 2013, manages more than $33 billion of

assets across more than 35 investment products.

A prominent player in the crypto space, Grayscale also

oversees a leading spot bitcoin exchange-traded fund.

(Reporting by Niket Nishant in Bengaluru; Editing by Shinjini

Ganguli)