Wall St Engine(@wallstengine):BLOCKCHAIN .COM TARGETS $500M U.S. IPO AT $4B-$6B VALUATION The crypto platform confidentially filed with the SEC earlier this year and has reportedly been profitable on an adjusted basis for the past three years. Blockchain was valued at $14B in 2022 before a later funding round cut that valuation by more than half. The company could opt for a smaller raise if needed, and terms may still change. Source: Bloomberg

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Wall St Engine@wallstengine

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BLOCKCHAIN .COM TARGETS $500M U.S. IPO AT $4B-$6B VALUATION The crypto platform confidentially filed with the SEC earlier this year and has reportedly been profitable on an adjusted basis for the past three years. Blockchain was valued at $14B in 2022 before a later funding round cut that valuation by more than half. The company could opt for a smaller raise if needed, and terms may still change. Source: Bloomberg