Blockchain.com Could Look at an IPO as Early as This Year: Report
The exchange is looking at a listing after reaching a valuation of $14 billion last month.
Apr 19, 2022 at 6:49 a.m. UTC:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/ITREZJ2J4NCNNPG2GXOCX3BF4I.jpg)
(Gabby Jones/Bloomberg via Getty Images)
Parikshit Mishra is the news editor for CoinDesk during the mid Asia and early European hours. He does not have any crypto holdings.
Cryptocurrency exchange Blockchain.com is interviewing banks for an initial public offering (IPO), which could take place as early as this year, Bloomberg reported on Tuesday.
- The IPO might not happen till 2023 and its plans could still change, the report said, citing people familiar with the matter.
- Blockchain.com is one of the biggest crypto exchanges in the world and reached a valuation of $14 billion in a Series D round last month. The Series D round was led by Lightspeed Venture Partners, with "major participation" from Baillie Gifford.
- Earlier this month, Blockchain.com launched an asset management service aimed at institutional and high net worth investors, in partnership with Altis Partners.
- Blockchain.com did not immediately respond to a request for comment.
UPDATE (April 19, 07:10 UTC) : Adds details about Blockhchain.com's latest ventures and deals in the third and fourth bullet.
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Parikshit Mishra is the news editor for CoinDesk during the mid Asia and early European hours. He does not have any crypto holdings.
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Parikshit Mishra is the news editor for CoinDesk during the mid Asia and early European hours. He does not have any crypto holdings.
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