According to The Block, recently, Macrina Kgil, chief financial officer (CFO) of the encryption wallet provider Blockchain, said that despite the lack of a defined initial public offering (IPO) plan, the company is improving its transparency and preparing for a public offering. Balancing regulatory concerns and company growth is the most important part of a company's preparation for an IPO. “I always think that we should be ready to be open at any time, because it brings a lot of discipline, processing and infrastructure to any company, and ultimately it is very helpful.”