Another Crypto Company Has Filed For IPO, But It’s Not Ripple
Compiled by KHAO Editorial — aggregated from 1 source + 4 references discovered via search. See llms.txt for citation guidance.
◌ Single Source
Crypto exchange Blockchain.com has confidentially filed for a U.S. IPO, becoming the latest crypto company to seek a public listing.
Key facts
- Garlinghouse revealed that Ripple is currently valued at around $50 billion, based on its latest share buyback
- According to a Blockchain.com has confidentially filed for a U.S. IPO with the SEC, officially kickstarting the process for the crypto company to go public
- This information will, however, be available once the crypto company files the registration statement for its IPO with the SEC — It is also worth noting that these crypto firms join the likes of Elon Musk’s SpaceX and OpenAI, which are eyeing public listings
Summary
Crypto exchange Blockchain.com has confidentially filed for a U.S. IPO with the SEC, officially kickstarting the process for the crypto company to go public. Notably, Blockchain.com could become the fifth crypto exchange to go public in the U.S., joining Robinhood, Coinbase, Bullish, and Gemini. This could give the company enough time to plan towards a listing when the crypto market recovers. Blockchain.com said that it has not yet determined the number of shares that it will offer or the price range for the proposed offering.