Companies
Blockchain.com Plans $500M IPO Targeting $4-6B Valuation Amid Market Recovery
Blockchain.com, one of the oldest companies in the cryptocurrency sector, is moving forward with plans for a U.S. initial public offering (IPO). The firm has confidentially filed a draft Form S-1 with the SEC, indicating its intent to raise approximately $500 million and achieve a valuation between $4 billion and $6 billion.
This valuation represents a substantial decline from its peak of $14 billion in 2022, and even below the $7 billion valuation it received during a Series E funding round in 2023. The company has seen its market value fluctuate significantly, with secondary market trades suggesting values closer to $4 billion.
Founded in 2011, Blockchain.com has established itself as a key player in the crypto space, boasting nearly 95 million wallets and over 43 million verified accounts across more than 100 countries. The firm has reported adjusted profitability for three consecutive years and has facilitated over $1.1 trillion in lifetime transaction volume.
In September 2026, Blockchain.com entered into a memorandum of understanding with the New York Stock Exchange (NYSE) to explore offering tokenized U.S. stocks and exchange-traded funds through a new digital trading platform. This partnership aims to enhance user access to digital assets and includes plans for mutual market data sharing.
The timing of the IPO remains flexible and contingent on market conditions and SEC review, with share counts and final pricing yet to be disclosed. Blockchain.com has been broadening its business model, moving beyond its original focus on crypto wallets and brokerage services to include tokenized equities and derivatives.
FAQ
What is Blockchain.com's IPO plan?
Blockchain.com plans to raise approximately $500 million through a U.S. initial public offering (IPO) and aims for a valuation between $4 billion and $6 billion.
How does Blockchain.com's current valuation compare to previous years?
The current valuation target of $4-6 billion represents a significant decline from its peak valuation of $14 billion in 2022 and below the $7 billion valuation during a Series E funding round in 2023.
What are Blockchain.com's key achievements in the cryptocurrency sector?
Blockchain.com has established nearly 95 million wallets, over 43 million verified accounts across more than 100 countries, and reported adjusted profitability for three consecutive years, facilitating over $1.1 trillion in lifetime transaction volume.
What partnership did Blockchain.com enter into in September 2026?
In September 2026, Blockchain.com entered into a memorandum of understanding with the New York Stock Exchange (NYSE) to explore offering tokenized U.S. stocks and exchange-traded funds through a new digital trading platform.
What factors will influence the timing of Blockchain.com's IPO?
The timing of Blockchain.com's IPO is flexible and will depend on market conditions and SEC review, with share counts and final pricing yet to be disclosed.