Blockchain.com Eyes 2026 IPO at Valuation Below 2022 Peak

Blockchain.com has confidentially filed for a U.S. initial public offering (IPO) expected in 2026, aiming to raise approximately $500 million. The company is targeting a valuation between $4 billion and $6 billion, representing a significant decline from its $14 billion valuation in 2022. The firm, which provides wallet and exchange services, previously raised $110 million in 2023 at a reduced valuation amid broader market downturns. The terms of the offering remain subject to change.