The crypto exchange, previously valued at $14 billion, joins a wave of digital asset firms pursuing public listings.
Blockchain.com has filed confidentially for a US initial public offering, the company announced. No details on share count or pricing have been disclosed yet. The move follows a string of crypto firms seeking public listings amid a recovering market for digital asset IPOs.
The London-based exchange, founded in 2011, claims over 100 million wallets created and $1 trillion in transaction volume. Its last private valuation reached $14 billion. Other crypto firms, including Kraken and Ledger, have also signaled IPO plans, while Circle’s 2023 debut saw shares surge 168% on day one.
Market reaction to the filing remains unclear as pricing and timing details are pending. The trend reflects growing investor appetite for publicly traded crypto infrastructure providers.