Crypto exchange operator plans US IPO to raise up to $500 million
- —IPO size could reach $500 million
- —Target valuation of $4–6 billion
- —Listing planned for this year
- —Confidential SEC filing submitted earlier this year
Why it matters: A major crypto exchange listing on a US venue would strengthen institutional acceptance of the sector and set a valuation benchmark for other crypto firms.
Source: CoinSpot