Report: Cryptocurrency platform Blockchain.com has been in negotiations to go public through a SPAC
Wallstreetcn·
- The cryptocurrency industry is experiencing a surge in public listings, with Blockchain.com negotiating a potential SPAC deal for a U.S. listing.
- The company has appointed Cohen & Company Capital Markets as an advisor for this transaction, although the status of negotiations remains unclear.
- Blockchain.com has seen significant fluctuations in its valuation, with estimates ranging from $5.2 billion in March 2021 to $7 billion in November 2023, as it joins other crypto firms in pursuing public offerings.
