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Blockchain.com Targets Year-End IPO with $4B-$6B Valuation

Guavy AI Editorial Team
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Blockchain.com, a London-based cryptocurrency company, is planning to go public by the end of the year. According to reports, the company aims to raise around $500 million and reach a valuation of $4 billion to $6 billion.

The news comes after Blockchain.com confidentially filed with the U.S. Securities and Exchange Commission (SEC) for a potential IPO earlier this year. This approach allows the SEC's review process to begin before financial details related to the IPO are made public.

Blockchain.com offers cryptocurrency exchange, wallet, trading, and lending services, and its plan has drawn attention after a quiet period for crypto-sector IPOs. The company did not respond to CoinDesk's request for comment on the report.

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