Chat platform Discord filed confidentially for an initial public offering in the United States, Bloomberg News reported on Tuesday, citing people familiar with the matter.
The U.S. IPO market regained momentum in 2025 after nearly three years of sluggish activity, but hopes for a stronger rebound were tempered by tariff-driven volatility, a prolonged government shutdown and a late-year selloff in artificial intelligence stocks.
Deliberations are ongoing and the company could decide not to proceed with a listing, the report said.
A Discord spokesperson told Bloomberg “the company’s focus remains on delivering the best possible experience for users and building a strong, sustainable business.”
Discord did not immediately respond to a Reuters request for comment.
Discord, which was founded in 2015, offers voice, video and text chatting capabilities aimed at gamers and streamers. It had more than 200 million monthly active users, according to a December statement on its website.
—Prakhar Srivastava and Nathan Gomes, Reuters