Blockchain.com explores SPAC deal to go public

Key Takeaways

Blockchain.com is reportedly exploring a SPAC deal to go public.
The potential transfer would add to the momentum seen by different main crypto corporations.

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Blockchain.com, a significant crypto monetary companies firm, is exploring a SPAC deal to go public, CoinDesk reported Monday.

The agency is claimed to have held preliminary discussions about its US market debut by a SPAC merger; nevertheless, it’s unclear whether or not the talks are nonetheless ongoing.

A SPAC merger would permit Blockchain.com to enter the public market with no conventional IPO course of. Crypto companies are more and more exploring public listings by different strategies like mergers, aligning with broader business efforts to obtain regulatory compliance and mainstream visibility.

The potential public itemizing would place it amongst a rising variety of crypto companies pursuing public market debuts in 2025, together with Circle, Bullish, Gemini, and Kraken.