Cryptocurrency companies are slowly declaring interesting in going public, and Blockchain.com is the latest to show interest.
Blockchain.com surpasses $1 trillion in transaction volume
Cryptocurrency wallet provider and exchange Blockchain.com has revealed that it has processed over $1 trillion in crypto transaction volume since it was launched a decade ago. Macrina Kgil, the chief financial officer of Blockchain.com, revealed this to Fortune during an interview yesterday.
The CFO, in a separate Medium post yesterday, said, “We recently hit a major milestone at Blockchain.com, surpassing more than $1 trillion in crypto transacted on our platform. To put that number into context, we’ve handled nearly a third of all bitcoin network transactions since 2012, with the majority of all transactions processed through Blockchain.com Wallets taking place over the past 2 years.”
Blockchain believes that the numbers represent the real usage of cryptocurrencies as they allow people to instantly sending value across the world. She added that sending cryptocurrencies has become as easy as sending money.
Blockchain.com to go public in 2023
The CFO further revealed that Blockchain.com is currently considering the option of going public in 2023. The cryptocurrency exchange was valued at $5.2 billion in March after it raised $300 million and another $120 million in February.
Blockchain joins the list of cryptocurrency entities looking to become publicly traded companies. Cryptocurrency exchange Kraken and stablecoin issuer Circle have also declared interest in listing on the stock exchange.