Crypto platform Blockchain moves ahead with confidential IPO filing

Blockchain.com has confidentially filed for an initial public offering in the United States, the cryptocurrency exchange said on Thursday, marking another potential public market debut from the digital asset sector. Confidential filings with the US securities regulator allow companies to prepare for initial public offerings away from public market scrutiny. The process enables firms to move forward with listing preparations before publicly disclosing detailed financial information and offering plans. The company said the number of shares to be offered and the proposed price range for the IPO have not yet been determined.