Constantine Richter, founder of blockchain infrastructure company Blockdaemon, which was last valued at about $3.30 billion, said the company could go public in 2026. He said on Wednesday that Hong Kong, China, was a better place to list than the United States because the regulatory environments for cryptocurrencies in the United States were "really bad." He added that regardless of the outcome, the regulatory environments in the United States will improve after the November election. According to a press release, Blockdaemon has a post-money valuation of $3.25 billion in a $207 million funding round in 2022 that includes the SoftBank Vision Fund 2.