Cryptocurrency exchange Blockchain.com filed a confidential IPO application with the U.S. Securities and Exchange Commission (SEC).

CoinFeed reported on May 21 that, according to Bloomberg, established cryptocurrency exchange Blockchain.com Group Holdings Inc. has filed a confidential S-1 document 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 that Blockchain.com aims to complete the listing this year. Headquartered in Dallas, the company has approximately 500 employees and has been profitable on an adjusted basis for the past three years. It currently supports over 95 million wallets and more than 43 million confirmed accounts.