Published: May 23, 2026 at 10:34
The trend of crypto-native firms transitioning to public markets is hitting a fever pitch.
On May 22, 2026, the United Kingdom-based cryptocurrency exchange and wallet provider Blockchain.com announced that it had confidentially filed for an Initial Public Offering (IPO) in the United States.
This move adds another heavy hitter to the growing list of digital asset firms seeking to join the ranks of publicly traded companies, following in the footsteps of firms like Circle, Gemini, and the already-listed Bullish Inc.
IPO in the United States
The IPO landscape for crypto has been a mixed bag of late. While firms like Bullish made headlines by successfully incorporating stablecoins into their deal payouts, others have been forced to hit the “pause” button. Kraken (Payward Inc.) and the hardware wallet manufacturer Ledger have both recently delayed their IPO plans, citing the volatile market conditions that have plagued the sector throughout much of 2026.
However, Blockchain.com’s decision to move forward suggests a renewed confidence among major players that the regulatory environment is finally stabilizing. As more crypto firms tap into traditional public markets, the boundary between “crypto-native” businesses and “traditional finance” continues to dissolve, marking a permanent step toward the mainstream institutionalization of the industry.
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