Leading cryptocurrency exchange, Blockchain.com is aiming to go public via an Initial Public Offering (IPO) potentially before the end of 2022, Bloomberg News reported, citing people familiar with the matter.
Blockchain.com’s growth
The exchange is currently in the process of interviewing banks for its IPO, which could be delayed to 2023 depending on progress, sources told the newswire.
Blockchain.com is one of the biggest crypto exchanges and is valued at $14 billion after its latest Series D funding round, led by Lightspeed Ventures and Baillie Gifford.
Beyond its funding round, Blockchain.com has made some strategic acquisitions in the past few months to better position itself in the space. It bought Altonomy’s over-the-counter (OTC) trading desk and became the first crypto partner of an NFL team after signing a deal with the Dallas Cowboys.
The exchange has also partnered with Altis Partners to launch an asset management service earlier in April. The service is aimed at high-ne
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