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63 Greed
Business SEC Neutral

Blockchain.com targets $500M US IPO at $4B to $6B valuation

Blockchain.com targets $500M US IPO at $4B to $6B valuation Image: Crypto Briefing
Image via Crypto Briefing.

Blockchain.com is reportedly targeting a roughly $500 million US IPO this year, with a proposed valuation between $4 billion and $6 billion. The company confidentially filed draft SEC registration documents in May. Its 2022 private-market peak valuation was $14 billion. Recent crypto IPOs including Gemini, BitGo and eToro have dropped sharply from their post-listing highs. Capital markets are beginning to reopen for crypto firms after a recent market downturn.

Key points

  1. It confidentially filed draft SEC registration documents for the potential offering in May
  2. The company's 2022 private-market peak valuation was $14 billion
  3. Recently listed crypto firms including Gemini, BitGo and eToro have dropped sharply from their post-IPO highs

Why it matters

The potential listing would be one of the largest recent crypto IPOs, as capital markets reopen for crypto firms after a downturn. Recent crypto IPO performance shows public-market conditions remain challenging for the sector.

What's unclear

Blockchain.com has not publicly confirmed the reported $500 million raise target, $4B to $6B valuation or listing date
The exact timeline for a potential Blockchain.com IPO is not disclosed

Sources · 5 publishers

Crypto Briefing Tier 2 First report
Blockchain.com targets $500M raise at $4-6B valuation in IPO
Crypto Briefing Tier 2
Blockchain.com targets up to $6B valuation in planned IPO this year: Report
Blockonomi Tier 3
Blockchain.com Targets $4 Billion to $6 Billion Valuation in IPO as Bitcoin Rallies
Unchained Tier 1
Blockchain.com Reportedly Eyes $500 Million IPO at $4 Billion to $6 Billion Valuation
CoinDesk Tier 1
Blockchain.com targets $500 million IPO at up to $6 billion valuation
The Daily Hodl Tier 2
Blockchain.com Is Preparing $500,000,000 IPO at Up to $6,000,000,000 Valuation

Coverage timeline

  1. First reported by Crypto Briefing
  2. Also reported by Blockonomi
  3. CryptoVideos brief published
  4. 4 more publishers added to sources
How this page is checked. AI drafted this brief from selected independent reports. Automated checks compare numbers, source coverage and topic terms, but may miss errors. Publication and evidence refreshes run automatically. Read the linked reports for context. Report an error

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