Blockchain.com, the cryptocurrency wallet provider and exchange operator, is planning an initial public offering this year, according to a Techub News item citing Crypto Briefing. The report said the company is targeting a valuation in the range of $4 billion to $6 billion. It also plans to raise about $500 million through the offering. In addition to the IPO plan and fundraising target, the report said Blockchain.com is expanding its crypto business. No further details were provided in the source item on timing within the year, listing venue, or the specific business lines involved in the expansion. The update was published by Techub News as a short market item and attributed to Crypto Briefing.
Blockchain.com, a cryptocurrency wallet provider and exchange, is planning an initial public offering this year, according to Techub News, which cited Crypto Briefing.
The company is seeking a valuation of $4 billion to $6 billion and plans to raise about $500 million. The report also said Blockchain.com is expanding its crypto business.
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