Reddit, the widely used social media platform, grabbed attention by filing for an initial public offering (IPO) with the Securities and Exchange Commission (SEC) on February 22. In its IPO prospectus, the company revealed strategic investments in cryptocurrencies, particularly Bitcoin and Ethereum. This disclosure signals a notable shift for Reddit, indicating its intent to incorporate blockchain technology and broaden its revenue sources.
Reddit's IPO Filing Reveals Investments in Bitcoin and Ethereum
coingape.com
23 February 2024 06:10, UTC