BLOCKCHAIN.COM HAS HELD TALKS TO GO PUBLIC VIA SPAC

Summary from the TLDR Crypto newsletter

Blockchain.com has held talks about going public via a SPAC listing with Cohen & Company Capital Markets advising on a potential deal, though it's unclear if discussions are ongoing. The crypto exchange and wallet provider's valuation history shows significant volatility, rising from $5.2 billion post-money valuation in March 2021 to $14 billion in 2022 before declining to $7 billion in November 2023's $110 million funding round. The company is signaling progress by appointing former Goldman Sachs executive Justin Evans as CFO and ex-Point72 portfolio manager Mike Wilcox as COO.