PANews reported on September 19 that according to Bloomberg, Konstantin Richter, founder and CEO of blockchain infrastructure provider Blockdaemon Inc., revealed that the company may conduct an initial public offering (IPO) in 2026. He said that the company's current valuation is about US$3.3 billion, and the plan will depend on the market conditions in 2025. Blockdaemon was founded in 2017 and has more than 400 institutional clients, including investors such as Goldman Sachs, JPMorgan Chase and Citi Ventures. Richter also pointed out that the current listing environment in Hong Kong is better than that in the United States, and it is expected that the crypto regulatory environment will improve regardless of the outcome of the US election in November.
