Blockchain.com Eyes Public Listing Through SPAC Deal Amid Crypto IPO Surge

Blockchain.com, a leading crypto exchange and wallet provider, is considering a US public listing via a SPAC deal, sources say. The company engaged Cohen & Company Capital Markets as an advisor for the potential deal, but the status of talks is unclear. Both parties declined to comment, according to CoinDesk. A SPAC, or special purpose acquisition company, allows private companies to go public by merging with an already-listed shell company that exists solely to acquire another business. This route sidest ...