AXIOS · 2026-11-09 13:00 UTC

Exclusive: Blockchain.com adds directors ahead of IPO

Blockchain.com is adding former Microsoft executive Lisa Nelson and former Global X ETFs CEO Luis Berruga to its board ahead of an IPO, expanding the board to 10 directors. CEO Peter Smith says IPO proceeds will fund purchases of smaller crypto brokerages that are not yet able to go public. The company says it is a trading counterparty to about 1,500 institutions and has roughly 40 million retail brokerage customers, with institutions generating most revenue; derivatives and tokenization are named as expansion priorities.

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