Blockchain.com, one of the oldest names in the crypto space, filed a confidential S-1 with the SEC on May 21, 2026, paving the way for a major IPO. The company is seeking to raise approximately $500 million at a valuation between $4 billion and $6 billion, a significant drop from its $14 billion peak in 2022. The firm reports being profitable on an adjusted basis for three consecutive years and supports roughly 95 million digital wallets. It also signed a memorandum of understanding with the New York Stock Exchange to develop a platform for tokenizing US-listed stocks and ETFs.
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