Blockchain.com explores SPAC deal to go public
Summary
Blockchain.com, a significant crypto financial services company, is reportedly exploring a Special Purpose Acquisition Company (SPAC) deal to go public via a merger, according to a recent report. While preliminary discussions about a US market debut through this route have taken place, it remains uncertain if those talks are still active. A SPAC merger offers an alternative path to the public market compared to a traditional Initial Public Offering (IPO). This potential move aligns with a trend among crypto firms seeking public listings, joining others like Circle, Bullish, Gemini, and Kraken in pursuing public market debuts.
(Source:Crypto Briefing)