Sources: Blockchain.com tells prospective investors it wants to go public this year, seeking to raise about $500M in an IPO targeting a $4B to $6B valuation
THE SO WHAT
A $500M IPO at a $4B–$6B valuation for Blockchain.com would be a test of whether public markets are ready to underwrite crypto infrastructure as a steady business, not just a cycle trade. If you’re in web3, watch the multiple and lock-up behavior—your own fundraising terms will key off this repricing.
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