The crypto services company began the US IPO process as companies across the digital asset sector weigh public market debuts.
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.
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