Blockchain company plans to raise $500 million in IPO; valuation is between $4 billion and $6 billion
2026-09-29 14:43:28
CoinMeta US stock news: According to Bloomberg, blockchain company blockchain.com is seeking to conduct a initial public offering (IPO) in the United States worth approximately $500 million, with a valuation ranging from $4 billion to $6 billion, which is significantly lower than its peak of $14 billion in the private market in 2022. The company has discussed this transaction with potential investors, although the fundraising target or listing date has not yet been publicly confirmed. The blockchain company was valued at $14 billion during its financing round in 2022, but its valuation has dropped significantly since then due to the decline in the crypto market. The company is still pursuing an IPO before 2026, although market conditions and SEC reviews will be key factors.
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Source:Cryptonews
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