company

Kingsway Capital

Investment firm that backs private technology companies.

Known aliases

Kingsway

Relationships

No evidence-backed relationships are recorded.

Current clusters

invest1 publisher

Blockchain.com's $4-6 billion IPO target repeats a markdown its private backers took in 2023

Blockchain.com is seeking about $500 million in a U.S. IPO at a $4 billion to $6 billion valuation, Bloomberg reported, against a $14 billion peak in 2022. Most of that discount was already taken in a private round in 2023.

Publishers:crypto.news

Reality

Evidence40
Adoption: Insufficient
Hype gap+10
Incentives: Insufficient
Confidence45

invest2 publishers

Blockchain.com's target IPO range tops out below its $7 billion 2023 private round

Blockchain.com is seeking about $500 million from a US listing at a $4 billion to $6 billion valuation, below the $7 billion its 2023 round set. The range opens at roughly the $4 billion that secondary trades already imply, so tokenized stocks and prediction markets have to justify every dollar above it.

Publishers:cointelegraph.comcryptobriefing.com

Reality

Evidence50
Adoption40
Hype gap+15
Incentives60
Confidence60