Luxembourg based digital currency exchange Blockchain.com is mulling the plans to conduct an Initial Public Offering (IPO) in a move to become a publicly traded company. As <\/span>reported<\/span><\/a> by Fortune, drawing on Macrina Kgil\u2019s interview with Forbes, the company is looking at the possibility of conducting the IPO in 2023.<\/span><\/p>\n

Macrina who is the Chief Financial Officer for the company has been quite vocal about the firm\u2019s growth in recent times. In a blog post shared today, she noted that the company has exceeded $1 trillion in total cash transactions processed by the firm, a performance that re-emphasizes the firm\u2019s pioneering dominance in the crypto world.<\/span><\/p>\n

According to Macrina, the company has \u201chandled 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.\u201d\u00a0<\/span><\/p>\n

She added;\u00a0<\/span><\/p>\n

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\u201cThese numbers don\u2019t reflect what\u2019s bought and sold on our exchange, but rather real usage of crypto: instantly sending value across the world as easily as sending an email.\u201d<\/span><\/p>\n<\/blockquote>\n
The exchange has maintained its course for the past three years, and the move into the public market niche will further expand its presence as a unicorn with a $5.2 billion valuation.\u00a0 This mammoth growth is further complemented with a large retail user base with over 76 million active wallets.\u00a0<\/span><\/p>\n
More Crypto Unicorns Eyeing Public Debuts<\/b><\/h2>\nThe digital currency ecosystem went agog when Coinbase Global Inc <\/span>went public<\/span><\/a> earlier in the second quarter of this year via direct listing on the Nasdaq. The emergence of the exchange which earned it an $85.8 billion market cap sent the feeling of possibility across the nascent industry.<\/span><\/p>\n
Following Coinbase, a number of crypto trading platforms including eToro, and Kraken have also expressed interests in pursuing public market listings. While not a primarily crypto focused outfit, Robinhood has also benefited from the impacts of digital currencies, even as it got <\/span>listed<\/span><\/a> on Nasdaq back in July<\/span><\/p>\n
The hint given by the Blockchain.com executive will serve as a testament to the sustainable growth on record by trading platforms around the world.<\/span><\/p>\n
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