Blockchain.com, which runs a crypto exchange and a wallet service, is reportedly planning to raise about $500 million this year by listing its shares in an initial public offering. Cointelegraph published the report on September 28, 2026. It was written by Sam Bourgi and reviewed by Robert Lakin.
The valuation is the key number. The company is reportedly seeking a valuation of up to $6 billion. At the height of the last crypto boom in 2022, it was valued at $14 billion, so the new target is less than half of that peak. That peak was more than four years ago.
The plan comes while crypto companies that listed their shares recently are struggling to hold their price gains. The report describes crypto capital markets as reopening, but those listings show that public investors have not rewarded every new crypto stock.
The source text does not say where the shares would list, when the offering would happen, what the share price would be, or who would underwrite it. It also does not say whether the company has confirmed the plan. Until more details come out, the $500 million raise and the $6 billion valuation are reported targets, not completed facts.
For someone already holding a perpetual position on Bitget, Bybit, MEXC or OKX, this changes nothing directly. Blockchain.com is not one of those four venues, and the report says nothing about funding rates, trading fees or order-book liquidity on any of them. This is company financing news, not a change to what it costs to hold a position.
Source: cointelegraph — Blockchain.com eyes $500M IPO as crypto capital markets thaw: Report