Crypto services company Blockchain.com confidentially filed for a US initial public offering (IPO), becoming the latest digital asset player to pursue a public listing as crypto firms return to equity markets.
The company said it submitted a draft S-1 registration statement to the US Securities and Exchange Commission (SEC) related to a proposed offering of Class A ordinary shares. Pricing and the number of shares have not yet been determined.
According to Thursday’s announcement, the proposed IPO remains subject to market conditions and SEC review. Confidential S-1 filings allow companies to begin the IPO process and receive regulatory feedback before publicly disclosing financial and offering details.
Founded in 2011, Blockchain.com said it has more than 95 million wallets, over 43…
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Source cointelegraph.com
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