Galaxy

DeFi

Planet

<div class="intro-text">
 Blockchain infrastructure provider Blockdaemon Inc. is eyeing a potential initial public offering (IPO) in 2026, according to CEO Konstantin Richter.&nbsp;
</div>
<a style="color: #0000ff;" href="https://www.bloomberg.com/news/articles/2024-09-19/blockchain-firm-blockdaemon-weighs-2026-for-a-potential-listing" rel="noopener noreferrer nofollow">Speaking with Bloomberg</a>, Richter noted that the decision hinges on market conditions in the coming year. If favourable, the company could move forward with plans to go public, coinciding with its ninth year in business.&nbsp;
Since its inception, Blockdaemon has established itself in the blockchain infrastructure sector by specialising in node deployment, staking services, and API access across multiple blockchain platforms. The company has its headquarters in the U.S., but it has broadened its reach to <a style="color: #0000ff;" href="https://www.blockdaemon.com/" rel="noopener noreferrer nofollow">support over 60 blockchain networks</a>.
Richter noted that Blockdaemon is currently valued at approximately $3.3 billion. He mentioned to Bloomberg that the company favours a listing in Hong Kong over the U.S. due to the challenging crypto regulatory environment.&nbsp;
However, he anticipates improvements in the regulatory landscape following the U.S. elections in November, regardless of the outcome. He also highlighted that Asia represents a significant growth market for Blockdaemon, with plans to double the company’s team size in the region over the next year.
Asia has emerged as a hub for blockchain development, with recent activity including Tokenize Xchange’s <a style="color: #0000ff;" href="https://defi-planet.com/2024/09/animoca-brands-invests-in-tokenize-xchanges-titan-chain-to-drive-blockchain-growth-in-southeast-asia/" rel="noopener noreferrer nofollow">announcement</a> of a strategic investment from Animoca Brands in its Titan Chain project. This investment will enhance Tokenize’s blockchain infrastructure and expand its reach in high-growth markets. Animoca Brands will also provide market-making services, new listings, and community growth initiatives, aiming to boost liquidity for TKX and other ecosystem tokens.
This news follows the recent development where Blockdaemon recently <a style="color: #0000ff;" href="https://cryptobriefing.com/nors-certification-ethereum-staking/" rel="noopener noreferrer nofollow">launched</a> the Node Operator Risk Standard (NORS) certification with crypto leaders like Alluvial, Coinbase, and Galaxy Digital. NORS aims to enhance security and risk management in the Ethereum ecosystem, promoting institutional adoption. Richter emphasised that it will create a unified standard for assessing validator risks, benefiting both institutions and node operators while fostering trust and supporting Ethereum’s growth as a reliable asset class.
&nbsp;
If you want to read more news articles like this, visit <a style="color: #0000ff;" href="https://defi-planet.com/" rel="noopener noreferrer nofollow">DeFi Planet</a> and follow us on <a style="color: #0000ff;" href="https://twitter.com/PlanetDefi" rel="noopener noreferrer nofollow">Twitter</a>, <a style="color: #0000ff;" href="https://www.linkedin.com/company/defi-planet/" rel="noopener noreferrer nofollow">LinkedIn</a>, <a style="color: #0000ff;" href="https://www.facebook.com/DeFi-Planet-129907662611402" rel="noopener noreferrer nofollow">Facebook</a>, <a style="color: #0000ff;" href="https://www.instagram.com/defi.planet/" rel="noopener noreferrer nofollow">Instagram</a>, and <a style="color: #0000ff;" href="https://coinmarketcap.com/community/profile/DeFiPlanet/" rel="noopener noreferrer nofollow">CoinMarketCap Community</a>.
“Take control of your crypto portfolio with MARKETS PRO, DeFi Planet’s suite of analytics tools.”
The post <a href="https://defi-planet.com/2024/09/blockdaemon-eyes-2026-ipo-in-hong-kong/" rel="noopener noreferrer nofollow">Blockdaemon Eyes 2026 IPO in Hong Kong</a> appeared first on <a href="https://defi-planet.com" rel="noopener noreferrer nofollow">DeFi Planet</a>.

Blockdaemon Eyes 2026 IPO in Hong Kong

DeFi Planet

Other articles published on Sep 19, 2024

China Cracks Down on Crypto Pyramid Scheme, Victims Reimbursed

Revolut Plans to Enter Stablecoin Market Amid Growing Crypto Interest

X Account of a Major Altcoin Listed on Binance Hacked! Airdrop Shares Are Being Made! "Do Not Cli...

BitGo Announces USDS Stablecoin Amid WBTC Controversy

Analyst Explained: “Dogecoin Can Rally But On Two Conditions”

How to Claim the Floki Airdrop: A Step-by-Step Guide

Join our free newsletter for daily crypto updates!