Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Blockchain.com Eyes Public Listing Through SPAC Deal Amid Crypto IPO Surge

Blockchain.com Eyes Public Listing Through SPAC Deal Amid Crypto IPO Surge

CoinspeakerCoinspeaker2025/10/19 16:00
By:By José Rafael Peña Gholam Editor Marco T. Lanz

Blockchain.com is exploring a US public listing through a SPAC merger, having engaged Cohen & Company Capital Markets as an advisor for the potential deal.

Key Notes

  • The crypto exchange has been preparing for a public debut since 2021, raising funds at valuations ranging from $5.2 billion to $14 billion.
  • Leadership expansion includes appointments of CFO Justin Evans, COO Mike Wilcox, and board members from KPMG and JPMorgan backgrounds.
  • The move follows successful 2025 public listings by Circle, Bullish, and Gemini, reflecting growing investor confidence in digital assets.

Blockchain.com , a leading crypto exchange and wallet provider, is considering a US public listing via a SPAC deal, sources say.

The company engaged Cohen & Company Capital Markets as an advisor for the potential deal, but the status of talks is unclear. Both parties declined to comment, according to CoinDesk .

A SPAC, or special purpose acquisition company, allows private companies to go public by merging with an already-listed shell company that exists solely to acquire another business. This route sidesteps the lengthy traditional IPO process and appeals to crypto firms seeking faster market access and funding.

Making Preparations, Expanding Leadership with Wall Street Veterans

Since August 2021 , Blockchain.com has aimed to go public, raising funds at varying valuations. Key rounds include $120 million in February 2021 and $300 million at a $5.2 billion valuation in March , peaking at $14 billion and later adjusting to $7 billion after a $110 million raise in November 2023 .

To prepare for a public debut soon, Blockchain.com has expanded its leadership team, appointing Justin Evans as chief financial officer and Mike Wilcox as chief operating officer earlier this year.

In August, Blockchain.com named Timothy Flynn, former KPMG CEO and JPMorgan board member, and Landon Edmond, Klaviyo’s chief legal officer, to its board to strengthen governance and regulatory expertise.

Crypto Firms Rush to Public Markets in 2025

Momentum for public listings is strong. Stablecoin firm Circle listed via IPO in June , CoinDesk owner Bullish in August, and exchange Gemini in September.

Blockchain.com recently expanded its services into Africa. The company keeps signaling readiness for a public transition. We will see if this happens this year or in 2026.

Overall, these steps are part of a broader push by crypto firms to go public. This hints at greater investor confidence and regulatory clarity for US digital assets.

next
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

BlockDAG’s Live Testnet & $0.0015 Offer Push Presale Past $425M While XMR Targets $357 & LTC Faces ETF Pressure in 2025!

Track Monero’s bullish momentum and Litecoin’s critical ETF test. Plus, see why BlockDAG’s hands-on deployment with TGE Code and live testnet makes it the top crypto coin of 2025.XMR Eyes $357 After Bullish CrossoverLitecoin Faces Critical Test Amid ETF SpeculationBlockDAG Powers Toward Genesis With TGE Code Live!Looking Ahead

Coinomedia2025/10/21 03:07
BlockDAG’s Live Testnet & $0.0015 Offer Push Presale Past $425M While XMR Targets $357 & LTC Faces ETF Pressure in 2025!

Blockchain com Eyes US Listing via SPAC Merger

Blockchain.com is reportedly planning a US stock market debut through a SPAC merger, aiming to expand its global presence.Blockchain.com Plans US Stock Market Entry Through SPACWhy Go Public via SPAC?Crypto Firms Continue Public Market Push

Coinomedia2025/10/21 03:07
Blockchain com Eyes US Listing via SPAC Merger

Solana Reveals Chinese Name “Solala” in Asia Push

Solana unveils its Chinese brand name “Solala” as part of its growing presence in Asia’s crypto market.Solana Embraces “Solala” as Its Chinese NameWhy Localization Matters in CryptoPart of a Larger Asia Strategy

Coinomedia2025/10/21 03:07
Solana Reveals Chinese Name “Solala” in Asia Push

BlockDAG’s Global $425M+ Surge, F1® Partnership, and Bold Vision Outrun XRP’s Hope and Ondo’s Tokenized Ambition

Discover how BlockDAG’s $425M+ presale, F1® partnership, and transparent leadership outpace Ondo’s breakout and XRP’s forecast as 2025’s best crypto to buy now.BlockDAG x BWT Alpine Formula 1® Team: The Underdogs UniteOndo Breakout Alert: Tokenized Real-World Assets Gain TractionRipple (XRP) Bullish Forecast: A Fight to Regain Market ConfidenceWhy BlockDAG Is the Best Crypto to Buy Today

Coinomedia2025/10/21 03:07
BlockDAG’s Global $425M+ Surge, F1® Partnership, and Bold Vision Outrun XRP’s Hope and Ondo’s Tokenized Ambition