Golden Finance reported that Constantine Richter, founder of blockchain infrastructure company Blockdaemon, said the company may conduct an initial public offering in 2026. Blockdaemon's latest valuation is about $3.3 billion. He said on Wednesday that Hong Kong, China is currently more suitable for listing than the United States because the cryptocurrency regulatory environment in the United States is "really bad." He added that regardless of the outcome, the regulatory environment in the United States will improve after the US election in November. According to a press release, Blockdaemon's post-investment valuation in a $207 million round of financing in 2022 was $3.25 billion, including SoftBank Vision Fund 2.