The social gaming platform plans to go public in early 2021, according to Reuters. The company is still evaluating whether it would pursue a traditional IPO, or a Spotify-like direct listing, according to the report, which estimates that Roblox could be valued $8 billion as a public company.
A Roblox spokesperson declined to comment.
Roblox is best known as a platform for Minecraft-like social games that are created by its users, but the company has also been expanding into online concerts and other social events. The company raised $150 million earlier this year, and Roblox CBO Craig Donato told Protocol in June that it was looking to spend the money on a continued global expansion.