Blockchain.com Seeks U.S. IPO Amid Growing Crypto Public Offerings
- Blockchain.com, a U.K.-based crypto exchange, has confidentially filed for an initial public offering in the U.S.
- The firm was once valued at $14 billion and has facilitated over $1 trillion in transactions since its founding in 2011.
- Details on the number of shares or expected price range have not been disclosed yet.
- Blockchain.com joins other crypto firms like Kraken and Ledger, which have also signaled intentions to go public.
- Previous successful IPOs include stablecoin issuer Circle, which saw a first-day share price increase of over 168%.
Blockchain.com’s move to file for an IPO aligns with a broader trend of crypto firms seeking public listings, following several successful offerings last year, including Circle’s notable debut.
As Blockchain.com prepares for its U.S. market entry, it remains to be seen how it will compare against competitors like Gemini and Bullish, which have experienced varied market valuations post-IPO (Source).
