The cryptocurrency exchange supplier and the Blockchain.com wallet has taken new steps towards a possible initial public offer (OPI) by appointing two executives experienced with financial and operational experience.
Blockchain.com hired Justin Evans, who previously worked at Goldman Sachs, as his new financial director, Bloomberg reported. He also appointed Mike Wilcox, previously CFO of Velocity Global and the former Portfolio Manager of Point72, as its operations director.
Evans said the exchange is “taking the necessary measures to be a public company, if public markets are available.”
The measure is produced in the middle of a large number of other cryptocurrency companies that are reported that they consider public, including Circle, Kraken, Bullish Global (Coindesk Matrix Company), Gemini, Ripple and Bitgo.
It is expected that the growing institutional adoption after the main companies, including Blackrock and Fidelity, launched the offers of Funded Fund of Exchange-Traced (ETF) in the cryptocurrency space and is expected that the most balanced approach of the Bolsa Commission and United States values (SEC) are taken to digital assets. More favorable environment for these companies to become public.
Blockchain.com has seen its valuation fluctuate over time. In March 2021, he raised $ 300 million in an assessment after the money of $ 5.2 billion in its financing round of Serie C. in 2022, closed a financing round that increased its valuation to $ 14 billion, while In November 2023, he closed a financing round of $ 110 million that valued the company at $ 7 billion.
