The Funded: Bay Area blockchain developer Chia Network is moving toward an IPO
Chia Network is a cryptocurrency company that plans to go public in an IPO.
A local blockchain company is testing the waters of an initial public offering.
Chia Network Inc. said on Friday that it had confidentially filed the paperwork for its IPO with the Securities and Exchange Commission. If the South San Francisco-based company goes through with the offering, it will be the first Bay Area firm to go public in the last two months and the only third of this year.