“The Company is joining a growing Number of Cryptocurrency Firms for Ipo Ambitions Amid Growing Institutional Adoption and A More Favorable Regulatory Environment.”, – WRITE: www.coindesk.com
Blockchain.com Hired Justin Evans, Who Previoously Worked at Goldman Sachs, AS ITS New Chief Financial Officer, Bloomberg Reported. It ALSO APPOINTED MIKE WILCOX, PREVIOSLY CFO OF VELOCITY GLOBAL AND FORMER POINT72 Portfolio Manager, AS ITS CHIEF OPERATING OFFICER.
Evans SAID THAT The exchange is “Taking the Steps Necessary to Be A Public Company, If and Wen The Public Markets Are Available.”
The Move ComESS AMID A FLURRY OF Other Cryptocurrency Firms Reported to Be Considering Going Public, Including Circle, Kraken, Bullish Global (Parent Company), GEPANY).
Growing Institutional Adoption After Major Firms, Including Blackrock and Fidelity, Launched Exchange-Traded Fund PECTED TO TAKE TOWARD DIGITAL Assets Are Creating A Potentilly More favorable environment for these abirms to go public.
Blockchain.com has seen it valuation fluctaate over time. In March 2021, IT Raceded $ 300 Million at A $ 5.2 Billion Post-Money Valuation in Its Series C Funding Round. In 2022, IT CLOSED A FUNDING RUND INCREASED ITS VALUATION TO $ 14 Billion, While in Nov. 2023, IT CLOSED A $ 110 Million Funding Round Valuing The Company AT $ 7 Billion.
