Blockchain.com is progressing towards a potential initial public offering (IPO) by appointing two experienced executives: Justin Evans as Chief Financial Officer (CFO) and Mike Wilcox as Chief Operating Officer (COO). This move aligns with a trend among cryptocurrency firms looking to go public, driven by increasing institutional adoption and a more favorable regulatory climate from the SEC. Evans, previously with Goldman Sachs, emphasized the company's commitment to preparing for public markets when feasible. Other firms contemplating IPOs include Circle, Kraken, and Gemini. Blockchain.com experienced fluctuating valuations, raising $300 million in March 2021 at a valuation of $5.2 billion, increasing to $14 billion in 2022, and recent valuations placing it at approximately $7 billion in November 2023.

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