Bloomberg reported that blockchain.com is planning an initial public offering (IPO). The crypto firm is in discussions with banks that may lead the IPO.
The report is indicating that a final decision has yet to be made.
Blockchain.com is listed among the biggest crypto trading platforms. In a Series D funding round that took place in March, lead by Lightspeed Venture Partners, Blockchain.com was valued at $14 billion.
Blockchain.com has presentence in over 30 states including Michigan, Georgia and North Dakota.
Other crypto exchanges are considering an IPO. Both Gemini and Kraken have affirmed their IPO plans. Some are suggesting Binance.US is next in line to for an IPO.
Blockchain.com Acquisitions and Partnerships
Similar to other major crypto companies, Blockchain.com has been working on its market dominance. In March 2022 it has acquired Altonomy OTC desk.
The acquisition allowed Blockchain.com to penetrate crypto OTC trading. Altonomy’s transactions in the spot OTC market exceeded $16 billion. The main interest in Altonomy was its Asian presence and greater focus on altcoins.
Earlier this year Blockchain.com launched a new asset management platform (BCAM). The new service was created for institutional investors and family offices.
Altis Partners was in charge of launching the crypto asset management.
Dallas Cowboys announced the team has partnered with Blockchain.com in April. The NFL is still forbidding teams to promote cryptocurrencies and fan tokens but blockchain sponsors are welcomed.
The partnership includes advertising, branding and content creation. TV and radio advertising are included. The crypto firm will also benefit from a space inside AT&T Stadium.
Dallas Cowboys’ fans will receive exclusive rewards via Blockchain.com wallets such as VIP trips to hosted events. An educational summit will be held for fans that wish to expand their knowledge on digital assets.
Blockchain.com is also developing its own non-fungible tokens market place, which may boost the company’s revenue when lainched.
Bloomberg reported that blockchain.com is planning an initial public offering (IPO). The crypto firm is in discussions with banks that may lead the IPO.
The report is indicating that a final decision has yet to be made.
Blockchain.com is listed among the biggest crypto trading platforms. In a Series D funding round that took place in March, lead by Lightspeed Venture Partners, Blockchain.com was valued at $14 billion.
Blockchain.com has presentence in over 30 states including Michigan, Georgia and North Dakota.
Other crypto exchanges are considering an IPO. Both Gemini and Kraken have affirmed their IPO plans. Some are suggesting Binance.US is next in line to for an IPO.
Blockchain.com Acquisitions and Partnerships
Similar to other major crypto companies, Blockchain.com has been working on its market dominance. In March 2022 it has acquired Altonomy OTC desk.
The acquisition allowed Blockchain.com to penetrate crypto OTC trading. Altonomy’s transactions in the spot OTC market exceeded $16 billion. The main interest in Altonomy was its Asian presence and greater focus on altcoins.
Earlier this year Blockchain.com launched a new asset management platform (BCAM). The new service was created for institutional investors and family offices.
Altis Partners was in charge of launching the crypto asset management.
Dallas Cowboys announced the team has partnered with Blockchain.com in April. The NFL is still forbidding teams to promote cryptocurrencies and fan tokens but blockchain sponsors are welcomed.
The partnership includes advertising, branding and content creation. TV and radio advertising are included. The crypto firm will also benefit from a space inside AT&T Stadium.
Dallas Cowboys’ fans will receive exclusive rewards via Blockchain.com wallets such as VIP trips to hosted events. An educational summit will be held for fans that wish to expand their knowledge on digital assets.
Blockchain.com is also developing its own non-fungible tokens market place, which may boost the company’s revenue when lainched.
Source: https://www.financemagnates.com/cryptocurrency/blockchaincom-initial-public-offering-ipo-may-take-place-this-year/