Crypto brokerage Blockchain.com has confidentially filed for an initial public offering in the United States, marking the latest sign that digital asset companies are testing investor appetite after a prolonged period of volatility across crypto markets.
The company disclosed Thursday that it had submitted draft registration documents to U.S. regulators, beginning a review process that typically takes several months before a public listing can move forward. The filing allows Blockchain.com to keep financial details private while preparing for a possible IPO.
