Blockchain.com Group Holdings Inc., one of the oldest companies in the cryptocurrency industry, is secretive Submitted The Dallas-based company on Thursday announced a draft registration statement on Form S-1 with the U.S. Securities and Exchange Commission for an initial public offering.
The number of shares to be offered and the price range for the proposed offering have not yet been determined. The IPO remains subject to market conditions and the completion of the review process by the Securities and Exchange Commission. They expect to go public before the end of 2026.
Founded in 2011 by three members of the original online Bitcoin forum, BitcoinTalk.org, Blockchain.com is among the oldest organizations built around digital assets. The company initially tracked activity on the Bitcoin blockchain before expanding into consumer and exchange wallets, and later into institutional products and services.
Today it supports more than 95 million wallets and has more than 43 million verified accounts. The company employs nearly 500 people and has been profitable on an adjusted basis for three straight years, according to the source familiar with its plans.
Cryptocurrency companies enter public markets
The filing marks the latest milestone in cryptocurrency companies’ ongoing push into the public markets. In 2025 alone, Circle, eToro, Bullish, and Gemini — the Winklevoss brothers’ exchange — all went public, collectively raising an estimated $14.6 billion across at least 11 offerings.
Bitgo included On the New York Stock Exchange in January 2026, becoming the first major cryptocurrency company to go public this year.
Payward Inc., Kraken’s parent company, secretly filed for a U.S. IPO in November 2025 targeting a debut in the first quarter, but Postpone those plans In March, market conditions deteriorated. Grayscale remains among the companies that are still in the pipeline.
Blockchain.com’s road to public listing has been a long one. The company initially considered going public as early as 2022, when it was valued at $14 billion. But in 2023 He grew up $110 million in a Series E round led by UK-based Kingsway Capital at a valuation that has fallen to less than half of its 2022 peak — a sharp reset that reflects the widespread downturn in the cryptocurrency market that followed the industry’s collapse that year.
The confidential filing process, permitted under U.S. securities law, allows companies to prepare for IPOs free from market scrutiny while the SEC reviews them. If Blockchain.com completes its listing, it will add another veteran name to a rapidly growing list of publicly traded cryptocurrency companies.
