Blockchain.com targets $500 million IPO this year at up to $6 billion valuation
60-second summary
Blockchain.com files a confidential IPO with the SEC, aiming to raise up to $500 million and target a valuation between $5 billion and $6 billion this year. The London‑based crypto‑services firm expects the offering to attract institutional investors seeking exposure to digital‑asset infrastructure, potentially boosting market confidence and driving broader capital inflows into the cryptocurrency sector.
The London-based crypto services company confidentially filed for an initial public offering with the Securities and Exchange Commission earlier this year.