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[SITUATION] · [QUIET] · [BUSINESS]

3 clusters · 47 sources · 15 days · First seen · Last updated

Blockchain.com U.S. expansion and IPO efforts

Overview

Blockchain.com is pursuing a multi-faceted expansion in the United States, centered on a planned initial public offering (IPO) and regulatory licensing.

The company is reportedly preparing for a U.S. IPO to raise approximately $500 million, seeking a valuation between $4 billion and $6 billion. This represents a decrease from its 2022 peak valuation of $14 billion. To support its growth, the company has explored integrating tokenized U.S. stocks and ETFs through an agreement with the New York Stock Exchange.

To facilitate its service offerings, the Dallas-based firm has applied for two specific registrations from the U.S. Commodity Futures Trading Commission (CFTC): a Designated Contract Market (DCM) license and a Futures Commission Merchant (FCM) license through the National Futures Association.

If approved, the DCM license would allow the company to operate its own prediction market, as the CFTC classifies event contracts as swaps. The FCM license would enable the firm to process derivatives trades and hold customer funds. CEO Peter Smith stated that these filings aim to create a unified platform where customers can manage digital assets and trade derivatives or take positions on real-world events within a single application.

While Blockchain.com currently provides prediction markets and perpetual futures to international users through third-party partnerships—including a 2026 collaboration with Polymarket and an arrangement with Hyperliquid—these licenses would allow the company to offer regulated versions of these products directly to American retail and institutional customers.

Entities

Blockchain.com · Commodity Futures Trading Commission · Peter Smith · Polymarket · New York Stock Exchange

Timeline

  1. [BUSINESS] 3 sources
    Blockchain.com seeks CFTC licenses for U.S. prediction markets

    Blockchain.com has applied for CFTC licenses to launch regulated prediction markets and crypto derivatives, such as futures and options, for retail and institutional customers in the United States.

  2. [BUSINESS] 9 sources
    Blockchain.com seeks CFTC licenses for US prediction markets

    Blockchain.com is seeking CFTC approval for DCM and FCM licenses to offer prediction markets and crypto derivatives to US users, coinciding with plans for a $500 million IPO.

  3. [BUSINESS] 38 sources
    Blockchain.com targets $500 million U.S. IPO at $4–$6 billion valuation

    Blockchain.com is targeting a $500 million U.S. IPO this year with a valuation between $4 billion and $6 billion, down from its 2022 peak of $14 billion.

Sources

alienwp.com · bitcoinist.com · bitnewsbot.com · blockchain-hero.com · blockchainseoul.kr · blocktempo.com · blog.bitfinex.com · blogs.airdropalert.com · captainaltcoin.com · coinedition.com · coinkurier.de · coinpaper.com · coinspeaker.com · cointribune.com · cointrust.com · crypto-times.jp · crypto.news · cryptobreaking.com · cryptobriefing.com · cryptonewsland.com · cryptoslate.com · decrypt.co · en.bitcoinsistemi.com · financemagnates.com · games.yahoo.com.tw · insidebitcoins.com · it-boltwise.de · koinbulteni.com · kriptohaber.com.tr · kriptoworld.hu · krypto-magazin.de · livebitcoinnews.com · livecoins.com.br · merca2.es · msnbc.com · mycryptoparadise.com · news.bitcoin.com · newsbit.nl · portaldobitcoin.uol.com.br · pymnts.com · readwrite.com · spacemoney.com.br · tekedia.com · themarketperiodical.com · tokenpost.com · tronweekly.com · zombit.info

This summary has been updated 1 time: see revision history