Blockchain.com Quietly Files for IPO
The crypto exchange, once valued at $14B, has confidentially filed to go public on U.S. markets.
Blockchain.com is making its move. The veteran crypto exchange has confidentially filed for an IPO, eyeing a public listing on U.S. markets.
The UK-based company has been around since 2011 — ancient by crypto standards. At its peak, the exchange carried a $14 billion valuation. The current target valuation for the IPO remains undisclosed.
A confidential filing means the company's S-1 paperwork stays under wraps for now, with details emerging closer to the actual listing. It's a common playbook for companies wanting to test regulatory waters before going fully public.
Blockchain.com joins a growing wave of crypto firms eyeing public markets as the industry matures beyond its Wild West phase. Whether that $14B peak valuation is still in reach is another question entirely.