Trading platform Blockchain.com could become the second “public” exchange in the United States by the end of the year if it manages to fulfill its promise and conduct an initial stock offering before the end of Q4.
Blockchain.com’s first priority is not so much to conduct an IPO, but to do it before Binance.US. Otherwise, the crypto startup will not be able to become a leader among public trading platforms.
According to reports, the management of Blockchain.com is currently negotiating simultaneously with several large US banking institutions. Now the crypto startup is in the process of searching for the most favorable conditions for an IPO.
Bloomberg sources familiar with Blockchain.com’s plans argue that preparing for an IPO is just one of the possible scenarios that the developers of the techno project will follow. The launch of a public offering of shares may not take place at all.