Blockchain.com explores SPAC deal to go public
Key Takeaways
- Blockchain.com is reportedly exploring a SPAC deal to go public.
- The potential move would add to the momentum seen by other major crypto companies.
Blockchain.com, a major crypto financial services company, is exploring a SPAC deal to go public, CoinDesk reported Monday.
The firm is said to have held preliminary discussions about its US market debut through a SPAC merger; however, it is unclear whether the talks are still ongoing.
A SPAC merger would allow Blockchain.com to enter the public market without a traditional IPO process. Crypto firms are increasingly exploring public listings through alternative methods like mergers, aligning with broader industry efforts to achieve regulatory compliance and mainstream visibility.
The potential public listing would place it among a growing number of crypto firms pursuing public market debuts in 2025, including Circle, Bullish, Gemini, and Kraken.
