How to invest in Blockchain stock pre-IPO
The cryptocurrency world has had some significant ups and downs over the past year.4 In general, though, it continues to become more mainstream, such as with crypto ownership rates approximately doubling to 28% of U.S. adults from 2021 to 2025, according to a Security.org study.5
Several crypto exchanges have also gone more mainstream lately in terms of entering the public market. For example, eToro and Gemini conducted IPOs this year,6 and Kraken recently filed to go public too.7
Blockchain.com is another crypto exchange that has been eyeing the public markets. While it has not publicly filed to do so or given too many details yet, The Information recently reported that Blockchain.com is planning to go public in 2026 either via an IPO or a SPAC transaction.8
For now, though, interested investors may still be able to invest in Blockchain.com stock pre-IPO. For accredited investors, this could be possible through a private marketplace like Forge, while non-accredited investors may be able to gain indirect exposure through other assets, as we'll examine in this guide.
Blockchain.com: Company background
Blockchain.com is one of the oldest crypto companies, having started in 2011 with tools to explore blockchain transactions and an API for building on Bitcoin.9
Since then, it has expanded into other areas of crypto services by offering crypto wallets, a crypto exchange platform,10 and institutional crypto services, such as trading, custody, and liquidity provisioning.11
The company was founded in the U.K. by Ben Reeves, Peter Smith and Nic Cary.12 Today, Smith serves as co-CEO, alongside recently appointed co-CEO Lane Kasselman.13
Blockchain.com stock and funding history
Blockchain.com has raised over $1 billion since its founding,14 starting with a 2014 Series A.15
While details of its stock price and funding history are relatively limited compared to some other venture-backed startups, its valuation appears to have peaked at $14 billion from a 2022 Series D, led by Lightspeed Venture Partners.16 That was nearly three times as much as its 2021 Series C, when it raised $300 million at a $5.2 billion valuation, in a round led by DST Global, Lightspeed Venture Partners, and VY Capital.17 Blockchain.com has also previously raised funding from investors such as Google Ventures and Moore Strategic Ventures.18
However, its most recent primary funding round was a down round in late 2023, with its Series E strategic financing raising $110 million at less than $7 billion.19
At this time, Blockchain.com's Forge Price is unknown. Check back here or create an account with Forge for more updates.
Forge Price is a derived data point that reflects the up-to-date price performance of venture-backed, late-stage companies, and is calculated based on a proprietary model incorporating pricing inputs from primary funding round information, secondary market transactions on Forge.
How to buy Blockchain.com stock
Until it potentially conducts an IPO or goes public via a SPAC, Blockchain.com's stock is not for sale to the general public. However, accredited investors may be able to buy Blockchain.com stock through Forge's next-generation marketplace for private market trades, subject to availability.
For indirect exposure, investors could also consider buying private market shares in related crypto companies like Abra, which focuses more on institutional crypto services, or Uphold, a multi-asset trading platform specializing in crypto.
Forge's technology and relationships help facilitate trading private company shares in companies like Blockchain.com, along with other private market crypto companies.
Who can invest in Blockchain.com pre-IPO?
U.S. regulations generally limit pre-IPO investing to accredited investors, barring a few exceptions.
Some accredited investors, such as VC funds and other institutional investors, may be able to invest in Blockchain.com if selected to participate in primary funding rounds or strategic investment partnerships. Individual accredited investors may find it more practical to buy Blockchain.com stock through a private stock marketplace like Forge, subject to the availability of shares.
Where to buy pre-IPO Blockchain.com stock
Although pre-IPO Blockchain.com stock is not for sale to the general public, accredited investors may be able to find shares for sale through Forge's marketplace for private market trading.
Through Forge, you can typically access a private market company's Forge Price, which provides real-time transparency by synthesizing data from various sources, including secondary market transactions, recent funding rounds and active bids and asks on Forge. These contextual pricing insights help private market investors determine whether to accept or negotiate an existing ask, or see if they want to create a new bid for Blockchain.com shares. That said, Blockchain.com's Forge Price is currently unavailable, but that could change if investor interest picks up.
Potential indirect exposure to Blockchain.com for non-accredited investors
As a private company for now, direct pre-IPO investment in Blockchain.com is typically limited to accredited investors. However, there are publicly available investment options that may provide exposure to broader trends in the crypto space, which could, in turn, impact companies like Blockchain.com.
Some examples include:
1. Publicly traded Crypto exchanges
Public companies operating in the digital asset exchange space—such as Coinbase, eToro, and Gemini—may offer some industry-related exposure. While these companies compete in the same ecosystem as Blockchain.com, performance may vary significantly between firms, due to differing strategies, market positions, and financial conditions.
2. Cryptocurrencies and crypto-related funds
Investing directly in cryptocurrencies, such as Bitcoin, Ether, or Solana, could also be an option for retail investors. Similarly, investors may be able to invest in crypto-focused ETFs, such as those tracking the price of Bitcoin. These assets can reflect overall sentiment and activity within the crypto markets, though they are not directly linked to Blockchain.com's performance. Still, there can be overlap, as increases in crypto market activity may benefit many exchanges, but crypto investments carry unique risks and are highly volatile.
3. Broader financial sector investments
While not quite the same as investing in crypto or crypto companies, making broader financial sector investments could still provide indirect exposure to Blockchain.com. For example, investors might buy stock in traditional publicly traded financial services firms that are starting to partner with crypto companies or offer related digital asset services, or they might allocate to diversified financial ETFs.
Note, however, that market-wide factors—like macroeconomic trends or increased interest in alternative assets—may influence both traditional financial services and crypto-related companies differently.
How to analyze Blockchain.com stock
Private companies generally do not face the same disclosure requirements as public companies, so analyzing private market stocks can be more challenging, especially for companies like Blockchain.com that have disclosed limited financial information.
For example, The Information reported in November 2025 that Blockchain.com's annual revenue already exceeded the $5 billion amount in 2024, and its revenue comes from about a 60/40 institutional vs. retail split.20
So, investors might compare this data to how other crypto companies have grown revenue. That, combined with reviewing Blockchain.com's valuation and fundraising totals across its funding rounds could help investors determine how its stock compares to similar private companies listed on Forge's private stock marketplace, as well as how it stacks up against public market crypto companies.
Still, even when looking at what financial information is available for Blockchain.com, private market stocks are generally more opaque than public market ones. So, analyzing Blockchain.com stock, along with the valuations of other private market companies, can be highly subjective.
Get started investing in Blockchain.com on Forge
If you're looking to invest in Blockchain.com pre-IPO if/when shares become available, create a free Forge account to access our next-generation marketplace of private market shares.
Once you’ve created your account and confirmed your accreditation, you’ll gain access to real-time pricing transparency, contextual insights may support your decisions and a streamlined platform experience designed for self-directed investors. If you don’t know how to get started, we recommend reading our buyer’s guide to investing in private market shares. Then, if you ever need support, Forge’s experienced team is here to help.
Forge stands out for its transparency into what can otherwise be an opaque private market, and as a publicly traded company itself, Forge provides a regulated, proven way to invest in the private market.
FAQs about how to invest in Blockchain.com
Where do I buy Blockchain.com stock?
For now, Blockchain.com remains a private company, so its stock is generally limited to accredited investors. If eligible, however, you may be able to buy and sell Blockchain.com stock through a private marketplace such as Forge, subject to availability.
Who can invest in Blockchain.com?
Typically, only accredited investors can invest in private market companies like Blockchain.com. This can include institutional investors such as VC firms that might participate in primary funding rounds, as well as high-net-worth individuals who may qualify to trade private market stocks in companies like Blockchain.com, subject to availability, through a secondary marketplace such as Forge.
Who are Blockchain.com's competitors?
Blockchain.com has several competitors for its different offerings. For example, as a crypto exchange, Blockchain.com competes with companies like Coinbase, Binance, Gemini, and Kraken. These companies also compete on offerings such as crypto wallets, but there are also companies that specialize in self-custody crypto wallets, like MetaMask, Trezor, and Ledger.
