Summary
- Blockchain.com said it is considering a SPAC merger for a listing on the stock market.
- Blockchain.com's valuation is changing thanks to the recent market recovery.
- There were reports of major exchanges' successful listings in August and September this year, and news of Kraken's IPO plans.
The virtual asset (cryptocurrency) exchange Blockchain.com is pursuing a listing on the stock market through a merger with a special purpose acquisition company (SPAC).
On the 21st (local time), Cryptopolitan reported that Blockchain.com has appointed advisors and is discussing the possibility of a SPAC merger. Timing, valuation and other specifics have not been finalized yet.
Blockchain.com is a global virtual asset exchange and wallet services company founded in 2011.
Blockchain.com's valuation rose from $5.2 billion in 2021 to $14 billion in 2022, then fell to around $7 billion in 2023 due to the virtual asset market downturn. However, in 2025 the industry has shown signs of recovery due to wider institutional adoption and clearer regulation.
In August this year Bullish and in September Gemini, among other major exchanges, successfully listed, and Kraken is reportedly preparing a traditional IPO for the first quarter of 2026.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
!['Easy money is over' as Trump pick triggers turmoil…Bitcoin tumbles too [Bin Nansa’s Wall Street, No Gaps]](https://media.bloomingbit.io/PROD/news/c5552397-3200-4794-a27b-2fabde64d4e2.webp?w=250)
![[Market] Bitcoin falls below $82,000...$320 million liquidated over the past hour](https://media.bloomingbit.io/PROD/news/93660260-0bc7-402a-bf2a-b4a42b9388aa.webp?w=250)