Crypto exchange Blockchain.com confidentially files for IPO

Image for Crypto exchange Blockchain.com confidentially files for IPO


Synopsis

A major cryptocurrency exchange has taken a significant step towards going public. The company has confidentially filed for an initial public offering in the United States. This move allows them to prepare for the IPO away from public scrutiny. Details on the number of shares and pricing are yet to be announced.

Image for Crypto exchange Blockchain.com confidentially files for IPOAgencies
Blockchain.com has confidentially filed for an initial public offering in ‌the ⁠United States, ⁠the cryptocurrency exchange said on Thursday.

Confidential filings with the U.S. ​securities ⁠regulator allow ‌companies ​to ​prepare for ⁠IPOs away from public ​market scrutiny.

The number ​of shares to be offered and the ‌price range for the ​proposed ​offering ⁠have not yet been determined, Blockchain.com said.

Add ET Logo as a Reliable and Trusted News Source

Elevate your knowledge and leadership skills at a cost cheaper than your daily tea.

Subscribe Now



Source link

Online Company Registration in India

Leave a Reply

Your email address will not be published. Required fields are marked *