Blockchain.com IPO

Blockchain.com has confidentially filed for an initial public offering with the U.S. Securities and Exchange Commission, with the confidential filing announced on May 21, 2026. According to Bloomberg reports from late September 2026, the company is targeting a $500 million IPO later in 2026 at a valuation between $4 billion and $6 billion, representing a significant markdown of 57-71% from its February 2022 Series C valuation of over $14 billion. The reduced valuation target reflects the broader downturn in crypto valuations since 2022, though recent crypto market rallies have provided a more favorable backdrop for the offering. The crypto brokerage and exchange platform is moving forward with its IPO plans as part of a broader wave of crypto companies pursuing public listings. A confidential filing allows the company to submit its S-1 registration statement to the SEC without immediately disclosing financial details publicly. The timing and specific valuation details emerged in September 2026, suggesting the IPO could occur in late 2026, subject to market conditions and regulatory approval. The company joins other crypto firms capitalizing on improved market sentiment to pursue public offerings.