Blockchain.com, a crypto exchange and wallet provider, is reportedly planning to raise about $500 million through an IPO this year, targeting a valuation between $4 billion and $6 billion. This valuation is significantly lower than its $14 billion peak in 2022 during the last crypto boom. The company has already filed confidential draft registration documents with the SEC, signaling serious intent to go public. Despite a recent crypto market rebound, shares of other crypto firms remain down sharply, indicating challenging conditions for new crypto IPOs.
Blockchain.com's IPO plans are noted here alongside Pluang's market data for context. For readers following cryptocurrency markets, as of Sep 29, 2026 16:02 WIB, 33 of 50 major cryptocurrencies on Pluang rose while 15 fell. Among notable movers, CRV gained 20.00% to Rp7.069, AAVE rose 12.71% to Rp2.999.654, and LINK increased 12.00% to Rp274.793.
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