Blockchain.com files confidential IPO application with the SEC

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Blockchain.com has filed a confidential S-1 form with the SEC, signaling its intent to pursue an IPO. The SEC filing comes as the company seeks to go public, though details such as the number of shares and pricing remain undisclosed. Headquartered in Dallas, the company supports over 95 million wallets and 43 million verified accounts. Blockchain news sources confirm the company aims for a listing this year, subject to regulatory and market conditions.

According to ME News, on May 21 (UTC+8), established cryptocurrency trading platform Blockchain.com Group Holdings Inc. submitted a confidential S-1 filing with the U.S. Securities and Exchange Commission (SEC), planning to go public in the United States. The company has not yet determined the number of shares to be issued or the pricing range, and the IPO is subject to market conditions and regulatory approval progress. Sources familiar with the matter said Blockchain.com aims to complete its listing this year. Headquartered in Dallas with approximately 500 employees, the company has been consistently profitable on an adjusted basis over the past three years and currently supports over 95 million wallets and 43 million verified accounts. (Source: PANews)

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