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Blockchain.com Plans $500 Million IPO at Up to $6 Billion Valuation

(37 days ago) · 1 source · Summarized by CryptoBipto

Blockchain.com is reportedly targeting an initial public offering that would raise $500 million and value the company at up to $6 billion. The move would make it one of the latest major crypto companies to pursue a public listing.

WHY IT MATTERS

An IPO, or initial public offering, is when a private company sells shares to the public for the first time, allowing everyday investors to buy ownership stakes.

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SOURCES

  • coindesk.com

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