Cryptocurrency financial services company Blockchain.com is on track to have an initial public offering (IPO) this year, according to a Bloomberg report published earlier this Tuesday.
The report, which cites sources familiar with the matter, says that the plan to go public is not final.
Last August, Macrina Kgil, chief financial officer at Blockchain.com, said that the company could have an IPO in 2022 or in early 2023.
In late March, Blockchain.com, which was founded back in 2011, has ballooned to a valuation of $14 billion after the company’s Series D funding round.
In December, the Miami-based crypto giant announced that it was developing a marketplace for non-fungible tokens.
Source: https://u.today/crypto-veteran-blockchaincom-on-track-to-have-ipo-this-year