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Blockchain.com targets $500 million U.S. IPO at $4–$6 billion valuation
Blockchain.com is reportedly preparing for an initial public offering (IPO) in the United States, aiming to raise approximately $500 million. The company is seeking a valuation between $4 billion and $6 billion, a significant decrease from its peak valuation of $14 billion in 2022.
To facilitate the process, the company filed confidential draft registration documents with the U.S. Securities and Exchange Commission (SEC) in May. Reports indicate that Blockchain.com is willing to reduce the size of the offering if necessary to ensure the successful completion of the debut.
In addition to its IPO plans, the company has been expanding its service offerings. It signed an agreement with the New York Stock Exchange to explore the integration of tokenized U.S. stocks and ETFs on its platform. The move comes as the broader cryptocurrency market shows signs of recovery, though investors remain cautious following the performance of other recently listed crypto-related firms.
Entities
Blockchain.com · Bloomberg · New York Stock Exchange · Ondo Finance · Polymarket · Securities and Exchange Commission · U.S. Securities and Exchange Commission
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 11 SOURCES] Blockchain.com confidentially submitted draft registration documents to the SEC in May. kriptohaber.com.tr · zombit.info · tw.stock.yahoo.com · koinbulteni.com · mycryptoparadise.com · +5 more
- [● 11 SOURCES] The company is seeking a valuation between $4 billion and $6 billion. kriptohaber.com.tr · zombit.info · tw.stock.yahoo.com · koinbulteni.com · mycryptoparadise.com · +5 more
- [● 11 SOURCES] Blockchain.com is targeting a U.S. initial public offering of approximately $500 million this year. kriptohaber.com.tr · zombit.info · tw.stock.yahoo.com · koinbulteni.com · mycryptoparadise.com · +5 more
- [● 4 SOURCES] Blockchain.com signed an agreement with the New York Stock Exchange to explore tokenized U.S. stocks and ETFs. tw.stock.yahoo.com · cryptobriefing.com · www.pymnts.com
- [● 11 SOURCES] The proposed valuation is lower than the company's 2022 peak valuation of $14 billion. kriptohaber.com.tr · zombit.info · tw.stock.yahoo.com · koinbulteni.com · mycryptoparadise.com · +5 more
- [● 5 SOURCES] Blockchain.com is willing to reduce the size of the offering to ensure the IPO is completed. www.kriptoworld.hu · zombit.info · mycryptoparadise.com · www.blocktempo.com