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Business is booming for StockX as the sneaker marketplace platform’s valuation grew to $3.8 billion back in April and is now looking to go public with the help of Morgan Stanley and Goldman Sachs according to Bloomberg.
StockX is looking to IPO within the first half of 2022, although a StockX spokeswoman said in a statement to Bloomberg said “I cannot comment on market speculation or rumors. Today, we’re focused on growth and execution, which includes global expansion, category diversification, and continuing to invest in technology and innovation around product authentication.” Both Morgan Stanley and Goldman Sachs are also tight-lipped and declined to comment.
