Blockdaemon Considers 2026 IPO, Valued at $3.3 Billion
CryptoNewsTerminal Staff19 Sep, 2024
Blockdaemon Considers 2026 IPO, Valued at $3.3 Billion
Blockdaemon, a leading blockchain infrastructure provider, is reportedly considering an initial public offering (IPO) in 2026. According to Bloomberg, Blockdaemon could file for an IPO in 2025 and potentially go public in 2026. Founded in 2017, Blockdaemon has gained significant traction in the blockchain industry. The company has raised over $270 million in funding and is backed by over 400 institutional investors. In its latest funding round in 2022, Blockdaemon was valued at $3.25 billion. Konstantin Richter, Blockdaemon's founder, indicated that the company's current valuation stands at $3.3 billion. Richter stated that the company is considering an IPO in 2026 but emphasized that the timing is subject to market conditions. Blockdaemon's potential IPO is a testament to the growing maturity of the blockchain industry. As more institutions embrace blockchain technology, demand for reliable and scalable infrastructure providers like Blockdaemon will continue to increase. The company's financial performance and strong investor support position it well for a successful IPO in the future.
