POPA ReconBlockchain.com Targets $500M IPO This Year
Blockchain.com Targets $500M IPO This Year Blockchain.com is targeting a $500M IPO this year at a $4B to $6B valuation, well below its $14B peak in 2022, Bloomberg reports. The company filed confidentially with the SEC in May and could raise less than $500M if that helps complete the listing. It declined to comment. Recent crypto listings like Gemini, BitGo and eToro still trade roughly 50% to 80% below their post-IPO highs. Last week Blockchain.com signed an MOU with NYSE to offer tokenized US stocks to its 44M+ accounts. Partner Offers | Get Your Instant BTC Cashback | Your Gateway To…
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