FeesSafety
Pluang+

Blockchain.com plans $500M IPO at $4-6B valuation, down from $14B peak in 2022

Market News
29 Sep 2026, 12:59 WIB
Blockonomi
View Source
Bullish
Blockchain.com plans $500M IPO at $4-6B valuation, down from $14B peak in 2022

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.

More News

Ethereum Foundation sells 5,000 ETH in 5 days, pushing ether price below $2,000.

Ethereum Foundation sells 5,000 ETH in 5 days, pushing ether price below $2,000.

The Ethereum Foundation-linked wallet sold 5,000 ETH worth about $9.92 million over five days, contributing to ether's price drop below $2,000. These sales follow a pattern where foundation-related ETH sales have coincided with price declines of up t...

Bearish
5 hours ago
$137M worth of 133M XRP tokens moved between two unknown wallets, owners and purpose unknown.

$137M worth of 133M XRP tokens moved between two unknown wallets, owners and purpose unknown.

A large transfer of 133,138,969 XRP tokens, valued at about $137 million, occurred between two unidentified wallets. The owners of these wallets and the reason for the transfer were not disclosed. There was no information linking this transaction to ...

Market News
Neutral
5 hours ago
Cosmos and Google Cloud join 15 firms to boost decentralized finance via blockchain interoperability.

Cosmos and Google Cloud join 15 firms to boost decentralized finance via blockchain interoperability.

Cosmos is partnering with Google Cloud and 15 other companies, including Wells Fargo and OpenZeppelin, to enhance financial interoperability using the Inter-Blockchain Communication (IBC) protocol. Announced on Nov. 12, this collaboration aims to app...

Protocol Fundamentals
Bullish
5 hours ago
Tether moves $140M USDT to Bitfinex amid ongoing large transfers between treasury and exchange

Tether moves $140M USDT to Bitfinex amid ongoing large transfers between treasury and exchange

Tether transferred 140 million USDT, worth about $139.9 million, from its treasury to the Bitfinex exchange, continuing a pattern of significant fund movements between the two. Within a three-hour period ending early Oct. 28, four transfers totaling ...

Market News
Neutral
5 hours ago
Solana price drops 5.9% to $75 ahead of Breakpoint 2026 conference amid ETF outflows and US rate hike fears

Solana price drops 5.9% to $75 ahead of Breakpoint 2026 conference amid ETF outflows and US rate hike fears

Solana's price fell 5.9% to around $75.20, trading 15% below its 200-day average ahead of the Breakpoint 2026 conference in London. The decline is driven by continued outflows from US spot Solana ETFs and market concerns over potential US Federal Res...

Market News
Bearish
5 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App