Blockchain.com Is Reportedly Seeking Up To $500M In US IPO

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Blockchain.com is reportedly preparing a U.S. initial public offering to raise approximately $500 million. According to sources familiar with the matter cited by Bloomberg, the company is discussing a valuation range of $4 billion to $6 billion. Blockchain.com was valued at approximately $7 billion in a private funding round in 2023, meaning the proposed public-market range would fall short of its previous private valuation. The company, which operates wallets, brokerage services and institutional infrastructure, declined to comment on the reported plans. The figures currently circulating represent targets under discussion with prospective investors and advisers and may change depending on market conditions and investor demand.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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