Blockchain.com Group Holdings Inc. is targeting a $4 billion to $6 billion valuation as it prepares for an initial public offering this year, aiming to raise approximately $500 million. The crypto services firm has confidentially filed with the U.S. SEC and may adjust the offering size depending on market conditions, though discussions remain ongoing and details are subject to change. The company has reported profitability for three consecutive years on an adjusted basis, according to sources familiar with the matter. Blockchain.com is currently marketing the potential listing to investors as it seeks to capitalize on renewed interest in crypto equities ahead of the planned public debut.