Blockchain.com were due to IPO in 2022 but the delayed IPO is now extremely likely for 2024!


Cryptocurrency exchange Blockchain.com interviewed banks for an initial public offering (IPO) back in 2022, which is now extremely likely to take place in early 2024.

Blockchain.com is one of the biggest crypto exchanges in the world and reached a valuation of $14 billion in a Series D round last year. The Series D round was led by Lightspeed Venture Partners, with "major participation" from Baillie Gifford.

Last year the exchange closed a few deals. It acquired Altonomy’s over-the-counter (OTC) trading desk and was also picked by the Dallas Cowboys, a prominent team of the National Football League (NFL), as the team’s first crypto-related sponsorship.

Blockchain.com is a financial services firm based in London that began as the first Bitcoin blockchain explorer. The company specialises in developing crypto wallets that allow customers to transfer, receive, and manage Bitcoin, Bitcoin cash, and Ether. Blockchain.com processes one-third of all bitcoin network transactions and has around 37 million verified users.

Not just Blockchain.com

Kraken, a cryptocurrency exchange and one of the world's oldest Bitcoin exchanges, is also stated its intentions to go public, along with Circle.

Circle and Kraken are continuing their pursuit of IPOs despite regulatory challenges: Both crypto companies are committed to going public, as indicated by their job postings and statements.

The cryptocurrency industry has been eagerly eyeing the prospect of public listings, with companies like Blockchain.com, Circle and Kraken making significant strides toward becoming publicly traded entities. Despite the recent regulatory actions taken by the U.S. Securities and Exchange Commission (SEC) against Coinbase, a leading cryptocurrency exchange, Circle and Kraken remain undeterred in their pursuit of initial public offerings (IPOs).

Analysts say the three giant crypto IPOs are likely to come in the first two months of 2024 and possibly only within weeks of eachother.

What is the current Blockchain.com share price?

Blockchain.com has raised US$490.5M over 6 rounds of funding. The current share price is 18 GBP and the company, unlike Kraken and Circle is likely to list on the Londond Stock Exchange (LSE). Shares are going quickly with the added share discounts for investors who use crypto currency.

Buy shares in Blockchain.com today!

The Smart IPO platform enables you to buy shares in Blockchain.com at the current market price. You can open an account with Smart IPO easily online and we have offices located globally and an account manager will be provided to you based on your country of residence.