IPO

Blockchain.com, one of the industry’s oldest firms, has confidentially filed a draft Form S-1 with the U.S. Securities and Exchange Commission for a planned initial public offering.

Crypto hardware wallet maker Ledger has paused plans for a U.S. IPO amid weak crypto market conditions and is instead considering alternatives including a private funding round.

Crypto exchange Kraken has confirmed a confidential IPO filing alongside a $13.3 billion valuation.

Crypto exchange Kraken has suspended its IPO plans.

BitGo launched an IPO for 11.8 million Class A shares, priced $15–$17 each, with a 30-day option for 1.77 million additional shares.

Kraken filed confidentially for a U.S. IPO through Payward, Inc. after an $800 million fundraising that valued the exchange at $20 billion.

Gemini has confidentially filed a draft registration statement with SEC for a proposed IPO of its Class A common stock.

Pre-IPO companies exploring a bitcoin treasury strategy must consider the trade-offs between remaining private and accessing public market advantages.

Stronghold shares are expected to begin trading on the Nasdaq today under the ticker symbol “SDIG.”

The company will list over 5 million shares of common stock on the Nasdaq at an IPO price of between $16 and $18.