Blockchain.com is reportedly preparing to raise about $500 million through a US initial public offering this year, in a potential return to public-market fundraising for one of the cryptocurrency sector’s best-known companies.
Proposed listing follows sharp valuation reset
According to Cointelegraph, Bloomberg reported that the crypto exchange and wallet provider is seeking an IPO valuation between $4 billion and $6 billion. The company could also pursue a smaller offering if that helps it complete a public listing.
The proposed valuation would be substantially below Blockchain.com’s previous peak. During the crypto market boom, the company reached a $14 billion valuation in 2022. The reported IPO range therefore points to a markedly different market environment from the one in which that earlier valuation was established.
The company has not publicly disclosed the number of shares it plans to sell or an expected price range. It confidentially submitted draft registration documents to the US Securities and Exchange Commission in May, a step that allows a company to prepare for a potential offering while keeping initial filing details private.
An IPO, or initial public offering, is the process through which a private company sells shares to public-market investors for the first time. The final size, valuation and timing of Blockchain.com’s offering could still differ from the reported plans.
Crypto capital markets are reopening, but cautiously
The potential listing comes as financing conditions for crypto companies have begun to improve alongside a recovery in digital-asset markets. Bitcoin has risen by more than 30% since mid-August, when the US Treasury announced plans to significantly increase buybacks of long-dated government debt. That announcement helped trigger a broad rally across crypto markets, according to the source material.
The reopening remains tentative, however. Shares of recently listed crypto companies Gemini, BitGo and eToro are still approximately 50% to 80% below their post-IPO highs, Bloomberg reported. Those declines highlight the difficulty newly public crypto businesses have had in maintaining investor enthusiasm after their listings.
For Blockchain.com, the reported willingness to accept a smaller offering suggests that completing the listing may be more important than reaching the maximum possible fundraising target. The company’s plans also show how public-market investors are reassessing crypto businesses against the backdrop of a sector recovery that has not fully removed earlier valuation pressures.
Moneyiar market picture
Moneyiar market data at the stated times shows mixed performance among the listed digital assets:
- Compound (COMP): $23.8186759137, down 0.88% in 24 hours and up 13.75% over seven days, as of September 25, 2026, at 22:04 (+03:30).
- Cap (CAP): $0.0512392543, up 0.94% in 24 hours and down 5.53% over seven days, as of September 25, 2026, at 22:03 (+03:30).
- Billions Network (BILL): $0.0139971939, down 0.59% in 24 hours and up 10.04% over seven days, as of September 21, 2026, at 01:39 (+03:30).
- Loaded Lions (LION): $0.0015216297, up 0.35% in 24 hours and down 1.38% over seven days, as of September 25, 2026, at 22:04 (+03:30).
These figures cover smaller crypto assets and are not a direct measure of Blockchain.com’s potential IPO valuation.
