Blockchain.com Reportedly Targeting $500 Million in IPO

Blockchain.com is reportedly aiming to raise approximately $500 million through an initial public offering (IPO) later this year, according to Bloomberg. The company is targeting a valuation between $4 billion and $6 billion. Blockchain.com Group Holdings previously filed a draft registration statement on Form S-1 with the US SEC on May 21, though the final terms and timing remain subject to market conditions and regulatory approval.