CHIA NETWORK progresses with Initial Public Offering (IPO) and plans to launch USDC stablecoin bridge.

CHIA NETWORK ($XCH) CEO GENE HOFFMAN has announced that the company has made progress in its initial public offering (IPO) and has confidentially submitted a revised S-1 form to the U.S. Securities and Exchange Commission at the end of March. The specific timeline for the IPO has not been determined yet. Additionally, HOFFMAN mentioned that CHIA plans to launch a bridge for the $USDC stablecoin on CIRCLE in the coming months, along with other infrastructure projects.