Important points
- Blockchain.com is reportedly considering a SPAC deal in preparation for going public.
- This potential move would add to the momentum seen in other major cryptocurrency companies.
Blockchain.com, a leading cryptocurrency financial services company, is considering a SPAC transaction in preparation for an initial public offering, CoinDesk reported on Monday.
The company is said to have held preliminary discussions about debuting in the U.S. market through a SPAC merger. However, it is unclear whether negotiations are still ongoing.
The SPAC merger will allow Blockchain.com to enter the public market without the traditional IPO process. Cryptocurrency companies are increasingly seeking to go public through alternative means, such as mergers, in line with broader industry efforts to achieve regulatory compliance and mainstream recognition.
A potential listing would put the company among a growing number of crypto companies aiming to make public market debuts in 2025, including Circle, Bullish, Gemini, and Kraken.
