Blockchain.com reportedly targets $500M IPO at $6B valuation
CIE News ·
Blockchain.com is reportedly preparing an initial public offering to raise $500 million at a valuation of up to $6 billion, signaling a possible reopening of public markets for major crypto firms.
Blockchain.com is reportedly planning an initial public offering to raise $500 million, according to a report published by Cointelegraph on September 28. The firm is targeting a valuation of up to $6 billion, a figure that sits below its peak valuation reached in 2022. The reported push comes as recently listed digital asset equities struggle to preserve initial gains, though the effort could signal a gradual reopening of public equity markets to major cryptocurrency companies.