Blockchain.com in talks to go public in the US through SPAC
2025-10-20 14:46:56
Blockchain.com recently held talks about a U.S. listing through a special purpose acquisition company (SPAC). According to people familiar with the matter, the company has hired Cohen & Company Capital Markets to advise on a potential SPAC transaction, but it is unclear whether the talks are still ongoing. Blockchain.com valuation has varied significantly over the past few years due to market volatility. In March 2021, the company raised $300 million with a $5.20 billion post-money valuation, climbing to $14 billion the following year. However, by November 2023, its valuation had fallen back to $7 billion in a $110 million financing.
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