Konstantin Richter, founder of blockchain infrastructure firm Blockdaemon, said the company could have an IPO in 2026. According to Blockdaemon's website, the U.S. company, founded in 2017, has acquired more than 400 institutional clients, with backers including Goldman Sachs, JPMorgan Chase and Citi Ventures Inc. Richter said Blockdaemon's latest valuation was around $3.30 billion. He said on Wednesday that Hong Kong, China, was a better place to list than the United States because its cryptocurrency regulatory environments were "really bad." He added that regardless of the outcome, the regulatory environments in the United States will improve after the November election. He also said that Asia is a growth driver for its business, and the company may double the size of its team in the region within a year. According to a press release, Blockdaemon has a post-money valuation of $3.25 billion in a $207 million funding round in 2022, with participation from SoftBank Vision Fund 2.