Clear Street, a brokerage firm that has underwritten cryptocurrency-related stocks, plans to go public as early as next month, with a potential valuation of $12 billion.

Huoxun Finance reported on December 7th that, according to the Financial Times citing sources familiar with the matter, New York brokerage ClearStreet is preparing for an IPO, potentially as early as next month. Goldman Sachs is expected to lead the deal, but it is unlikely to be completed before January. The estimated valuation is between $10 billion and $12 billion. ClearStreet has become one of the most prominent underwriters for cryptocurrency-related IPOs, including Strategy's offering. The company also served as an underwriter for the Trump Media and Technology Group, which has stated its intention to raise billions of dollars to build its own Bitcoin vault.