Blockdaemon, a Web3 infrastructure company, plans to pursue an IPO in 2026, according to a Bloomberg report citing an interview with the company's founder, Konstantin Richter.
IPO Plans
Konstantin Richter stated that 2026 could be the year when the company decides to go public. He expressed a preference for listing in Hong Kong over the US due to regulatory concerns in the latter.
Company Growth in Asia
Richter added that Asia is a growth driver for Blockdaemon, which plans to double its staff in the region by 2025. He also expressed optimism about the US regulatory climate improving after the elections.
Web3 Infrastructure Market
Blockdaemon offers a suite of blockchain infrastructure products, including non-custodial wallets, nodes, and APIs. Competitors like Figment and Kiln also provide staking services for financial institutions.
Founded in 2017 and serving over 400 institutional clients, Blockdaemon plans further growth and development, making it a notable player in the Web3 infrastructure market.
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