The crypto company is seeking a valuation of up to $6 billion, well below its 2022 peak, as recently listed crypto stocks struggle to hold their gains. As Cointelegraph reported, Blockchain.com confidentially filed draft registration documents with the US Securities and Exchange Commission in May, paving the way for a potential IPO. At the time, the company didn’t disclose how many shares it planned to offer or a potential price range. The IPO plans come as capital markets begin to reopen for crypto companies following the market recovery that began last month. Bitcoin (BTC) has climbed more than 30% since mid-August, when the US Treasury announced it would significantly increase buybacks of long-dated government debt, a move that helped trigger a sharp rally across crypto markets. $BTC #BTC Price Analysis# #Macro Insights# $XRP
