Web3 infrastructure provider Blockdaemon is considering an IPO in 2026. Founder Konstantin Richter stated a preference for listing in Hong Kong over the US, citing concerns about the regulatory environment for US Web3 companies. Blockdaemon secured $207 million in private funding in 2022, reaching a valuation of approximately $3.25 billion. The company plans to nearly double its Asian workforce by 2025, expecting improvement in the US regulatory environment post-election. Blockdaemon offers a range of blockchain infrastructure products for institutions, including non-custodial wallets, nodes, programming interfaces for multiple blockchains, and staking services. (Cointelegraph)