A Luxembourg-based company, Blockchain.com, which provides custodial, storage and trading services, press reports showed that it is studying plans to conduct an initial public offering (IPO) to become a public company.

Mention the websiteluckBased on an interview with Macrina Kjell, chief financial officer of Blockchain.com, Blockchain.com is considering the possibility of an IPO in 2023.

While interviewing the aforementioned source, Macrina, who is the company’s chief financial officer, was very candid about the company’s recent growth.

In a blog post published today, it noted that the company has crossed $1 trillion in total cash transactions processed by the company, a performance that reaffirms the dominance of the leading company in the crypto world.

Read:Guilty plea from fraudster who committed over $30 million cryptocurrency scam

According to Macrina:

The company has handled nearly a third of all Bitcoin network transactions since 2012, with most transactions processed through Blockchain.com wallets over the past two years.

Added:

These numbers do not reflect what is being bought and sold on our platform, but rather the real use of cryptocurrencies from sending instant value across the world as easy as sending an email.

Blockchain.com has stayed on course for the past three years, and its going public will lead to it becoming a $5.2 billion unicorn.

This exponential growth is complemented by a user base managing 76 million active wallets.

More unicorns in the crypto space:

The cryptocurrency ecosystem started to advance when Coinbase went public earlier in the second quarter of this year through a direct listing on Nasdaq.

The rise of Coinbase in general has seen its market capitalization jump to $85.8 billion, sending a sense of the huge potential that awaits crypto companies throughout the emerging industry.

After Coinbase, a number of cryptocurrency exchanges including eToro and Kraken have expressed interest in pursuing public market listings.

Read:Another crypto lending platform suspends its services and freezes withdrawals…Details here

Although Robinhood is not primarily focused on cryptocurrencies, it also benefited from the influence of the cryptocurrency market with its July listing on the Nasdaq.

Macrina’s tip will be a testament to the sustainable growth recorded by trading platforms around the world.

Read also:

In an exciting development… Ripple seeks to reveal that SEC employees own XRP coins

Cryptocurrencies for gaming record highs