Blockchain.com files for confidential US listing
The crypto brokerage has submitted a confidential IPO filing as digital asset markets show signs of recovery following a period of volatility. While the number of shares and price range remain undetermined, the move follows recent regulatory progress and a 20% gain for Bitcoin over the past three months.
Blockchain.com has confidentially filed for an initial public offering in the United States. Digital asset markets show signs of a rebound after a choppy period. The move follows similar filings by Grayscale Investments and Kraken, though neither has yet moved ahead with their listing plans.
Since a record crash in October, crypto markets have remained under pressure as a broad risk-off mood took hold among investors, slowing the pace of new listings. Sentiment has slightly improved in recent weeks amid constructive regulatory developments.
