LONDON-based cryptocurrency start-up Blockchain.com is interviewing banks for a possible preliminary public providing (IPO) in america.
A flotation of the corporate may happen as quickly as this 12 months, or in 2023, says Bloomberg.
If it goes forward with the plans, Blockchain.com would change into solely the second cryptocurrency change within the US to drift after rival Coinbase went public final 12 months with a valuation of almost $100 billion.
Binance.US, the American department of the most important cryptocurrency change on this planet, has additionally recommended it’s going to go public.
Based in 2011, Blockchain.com permits customers to purchase and retailer digital tokens resembling Bitcoin in a digital pockets.
It has greater than 37 million customers in 200-plus nations, letting them retailer and commerce cryptocurrencies through {dollars}, kilos and euros. Final 12 months, it surpassed $1 trillion in crypto transactions.
In March, the corporate mentioned a funding spherical led by enterprise capitalist agency Lightspeed Enterprise Companions valued it at about $14 billion. Blockchain. com didn’t reply to requests for remark.
