Goldman Sachs-backed blockchain infrastructure provider Blockdaemon eyes 2026 IPO: report

Blockdaemon

In an interview with Bloomberg, CEO Konstantin Richter mentioned that Blockdaemon, valued at approximately $3.3 billion, will assess market conditions in 2025 before deciding on its listing. Founded in 2017, the company has over 400 institutional clients and raised $155 million in a Series B funding round in September 2021.

Blockdaemon, a blockchain infrastructure provider serving clients like OneDegree and CoinShares, is considering a public listing in 2026. Supported by investors such as Goldman Sachs, SoftBank, and Kraken, the company is evaluating the market for a potential IPO.

Richter pointed out that Hong Kong currently offers a more favorable listing environment than the U.S., where crypto regulations are stricter. However, he anticipates the U.S. regulatory climate to improve after the November elections. 

Blockdaemon also plans to expand its team in Asia, doubling its regional presence within a year. Despite Hong Kong’s appeal, crypto startups in the city still face challenges, such as strict bank regulations, which hinder their growth.

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