Blockchain.com said it has confidentially submitted a draft registration statement on Form S-1 to the U.S. Securities and Exchange Commission for a proposed initial public offering of its Class A ordinary shares. The company said the number of shares to be offered and the price range for the deal have not yet been determined. The offering is also subject to market conditions and completion of the SEC review process.
Offering terms are still undisclosed
The announcement makes clear that the filing does not mean the IPO is ready to launch. Blockchain.com did not disclose how many shares it may sell, what valuation it may target, or when the transaction could move ahead. It also said the press release does not constitute an offer to sell or a solicitation of an offer to buy any securities. Any such offer or sale would need to comply with the registration requirements of the Securities Act of 1933, as amended. The company said the announcement was issued under Rule 135 of the Securities Act.
Company highlights user and transaction figures
In the same release, Blockchain.com described itself as a global crypto services company that has been operating since 2011. It said it has earned the trust of more than 95 million wallets and over 43 million verified users, while facilitating more than $1.1 trillion in crypto transactions. Those figures were included as part of the company’s profile as it introduced the proposed listing process.
For now, the public details are limited to the confidential filing itself. Pricing, share count and any formal launch timeline remain open, with the next steps tied to SEC review and market conditions.