Blockchain.com gears for an IPO as more crypto companies look to go public

Key
takeaways

• 
  Blockchain.com
  joins
  the
  growing
  number
  of
  cryptocurrency
  companies
  planning
  for
  an
  IPO.
• 
  The
  iDEGEN
  presale
  nears
  $23
  million
  as
  token
  listing
  approaches. 

Blockchain.com
inches
closer
to
an
IPO

Blockchain.com,
one
of
the
oldest
cryptocurrency
exchanges
and
wallet
providers,
is
taking
steps
towards
an
initial
public
offering
(IPO).
This
comes
as
the
company
appointed
two
seasoned
executives
with
financial
and
operational
expertise.

Bloomberg
reported

that
the
company
hired
Justin
Evans,
who
previously
worked
at
Goldman
Sachs,
as
its
new
chief
financial
officer.
Blockchain.com
also
appointed
Mike
Wilcox,
previously
CFO
of
Velocity
Global
and
former
Point72
portfolio
manager,
as
its
chief
operating
officer.

Evans
revealed
that
the
company
is
taking
the
steps
necessary
to
go
public
if
and
when
the
public
markets
are
available.
Blockchain.com
joins
a
growing
number
of
crypto
companies
looking
to
go
public,
including
Circle,
Kraken,
Bullish
Global
(Parent
company
of
CoinDesk),
Gemini,
Ripple,
and
BitGo.

What
is
iDEGEN?

The
cryptocurrency
space
continues
to
go
mainstream
as
more
crypto
companies
prepare
to
go
public.
New
projects
also
continue
to
emerge,
offering
users
excellent
utilities
and
the
opportunity
to
invest
early. 

iDEGEN
is
a
memecoin
that
would
offer
massive
utility
to
its
users
by
launching
several
products
and
services.
It
has
already
raised
nearly
$23
million
and
will
use
the
funds
to
develop
its
products. 

It
is
a
meme
project
that
leverages
the
benefits
of
AI
to
create
the
next
billion-dollar
memecoin.
According
to
the
whitepaper,


iDEGEN

is
an
AI
tool
that
primarily
functions
as
such.
It
continuously
evolves
and
adapts
by
leveraging
community
feeds
on
X.
While
iDEGEN
is
powered
by
AI,
degens
ultimately
raise
the
tool. 

Its
native
token,
$IDGN,
will
power
the
various
products
and
services
within
the
iDEGEN
ecosystem.
$IDGN’s
launch
as
a
memecoin
stems
from
the
recent
growth
of
the
meme
narrative
in
the
crypto
space.
Last
year,
the
memecoin
ecosystem
grew
from
a
$20
billion
market
cap
to
$120
billion,
representing
a
500%
growth
within
12
months. 

Furthermore,
the
$IDGN
token
will
launch
on
exchanges
in
less
than
two
weeks
following
a
successful
presale.
Once
it
goes
live,
it
could
become
one
of
the
best-performing
coins
in
the
broader
crypto
market. 

The
iDEGEN
tool
allows
users
to
feed
their
data
through
tweets,
tags,
and
comments.
The
iDEGEN
tool
absorbs
the
post
and
adds
it
to
its
knowledge
base;
that’s
how
it
learns.
Furthermore,
iDEGEN
posts
on
X
every
60
minutes
and
can
generate
and
post
memes. 

iDEGEN’s
presale
nears
$23m

The


iDEGEN

presale
is
close
to
its
end
and
has
raised
nearly
$23
million,
with
ten
days
left.
In
the
current
stage,
the
$IDGN
token
is
worth
$0.0285,
and
its
price
will
increase
to
$0.0314
in
the
next
stage.
In
the
final
presale
stage,
it
will
be
worth
$0.038,
giving
early
investors
a
massive
ROI
before
the
token
launches
on
exchanges. 

The
presale
ends
in
ten
years,
with
the
$IDGN
token
to
be
listed
on
centralised
and
decentralised
exchanges. 

Should
you
buy
the
$IDGN
ahead
of
listing?

The
iDEGEN
presale
ends
in
ten
days,
which
could
be
an
opportunity
for
investors
to
get
in
early.
This
project
and
its
native
token
could
be
among
the
best
performers
in
the
market
in
the
coming
months. 

iDEGEN

offers
a
unique
value
proposition,
making
it
an
interesting
memecoin.
Its
native
$IDGN
token
could
gain
massive
adoption
within
the
crypto
ecosystem
as
its
tool
offers
an
excellent
use
case.
Early
investors
can
earn
excellent
ROI
once
$IDGN
goes
live
in
a
few
days.