Blockchain Infrastructure Provider Blockdaemon May Go Public in 2026
Blockdaemon Inc., a blockchain infrastructure provider, is considering an initial public offering (IPO) in 2026, according to Bloomberg.
Konstantin Richter, the company's founder and CEO, said Blockdaemon is currently valued at approximately $3.3 billion and its IPO plans will be based on market conditions in 2025. Founded in 2017, Blockdaemon has over 400 institutional clients and investors including Goldman Sachs, JPMorgan Chase, and Citi Ventures.
Richter also mentioned that the current listing environment in Hong Kong is more favorable than in the US. He anticipates that the regulatory environment for crypto in the US will improve after the November elections, regardless of the outcome.