Crypto exchange Kraken and stablecoin-focused company Circle have also said they are considering public listings.

Macrina Kgil, chief financial officer of crypto wallet provider and exchange Blockchain.com, said an initial public offering for the platform could happen as early as 2023.

In a Forbes interview released on Monday, Kgil said Blockchain.com could consider an initial public offering in 18 months or more. The company had a $5.2 billion valuation cryptoprimacy.com/news/blockchain-com-raises-300m-in-crypto-industry-s-third-largest-capital-raise” data-amp=”https://cointelegraph-com.cdn.ampproject.org/c/s/cryptoprimacy.com/news/blockchain-com-raises-300m-in-crypto-industry-s-third-largest-capital-raise/amp”>following a $300 million funding round in March and a cryptoprimacy.com/news/blockchain-com-raises-120m-funding-round-to-grow-institutional-business” data-amp=”https://cointelegraph-com.cdn.ampproject.org/c/s/cryptoprimacy.com/news/blockchain-com-raises-120m-funding-round-to-grow-institutional-business/amp”>$120 million round in February.

At the time of the former, CEO Peter Smith said the company was “carefully considering its public-market options.” Major cryptocurrency exchange Coinbase did not officially cryptoprimacy.com/news/one-week-of-coin-how-is-coinbase-s-nasdaq-listing-shaping-up-so-far” data-amp=”https://cointelegraph-com.cdn.ampproject.org/c/s/cryptoprimacy.com/news/one-week-of-coin-how-is-coinbase-s-nasdaq-listing-shaping-up-so-far/amp”>go public on the Nasdaq until April, when the firm reportedly cryptoprimacy.com/news/coinbase-reportedly-hits-pre-ipo-valuation-of-100-billion-in-private-auction” data-amp=”https://cointelegraph-com.cdn.ampproject.org/c/s/cryptoprimacy.com/news/coinbase-reportedly-hits-pre-ipo-valuation-of-100-billion-in-private-auction/amp”>had a $100 billion valuation and Coinbase Pro was handling more than $3 billion in daily transactions.

In a Monday blog post, Kgil said that Blockchain.com had surpassed $1 trillion in crypto transactions, most likely driven by retail investors and institutional adoption through the platform’s brokerage and exchange business. She added that the company’s balance sheet consists of Bitcoin (cryptoprimacy.com/bitcoin-price”>BTC), Ether (cryptoprimacy.com/ethereum-price”>ETH), altcoins and cash.

Related: cryptoprimacy.com/news/blockchain-com-introduces-username-based-crypto-transactions” data-amp=”https://cointelegraph-com.cdn.ampproject.org/c/s/cryptoprimacy.com/news/blockchain-com-introduces-username-based-crypto-transactions/amp”>Blockchain.com introduces username-based crypto transactions

Blockchain.com may not be the first to follow in Coinbase’s footsteps in going public. Kraken CEO Jesse Powell said in June that the cryptoprimacy.com/news/us-crypto-exchange-kraken-eyeing-public-listing-in-2022″ data-amp=”https://cointelegraph-com.cdn.ampproject.org/c/s/cryptoprimacy.com/news/us-crypto-exchange-kraken-eyeing-public-listing-in-2022/amp”>exchange was considering a public listing for next year, stablecoin-focused crypto company Circle said last month that it cryptoprimacy.com/news/breaking-stablecoin-firm-circle-to-go-public-in-4-5b-blank-check-deal” data-amp=”https://cointelegraph-com.cdn.ampproject.org/c/s/cryptoprimacy.com/news/breaking-stablecoin-firm-circle-to-go-public-in-4-5b-blank-check-deal/amp”>planned to go public in a $4.5 billion deal, and Bullish — an exchange backed by Block.one — has also cryptoprimacy.com/news/crypto-world-largely-silent-as-little-known-exchange-announces-plans-to-go-public” data-amp=”https://cointelegraph-com.cdn.ampproject.org/c/s/cryptoprimacy.com/news/crypto-world-largely-silent-as-little-known-exchange-announces-plans-to-go-public/amp”>thrown its hat into the ring with a possible listing on the New York Stock Exchange.