$300 Million Funding And $5.2 Billion Valuation

Cryptocurrency pockets firm Blockchain.com introduced just lately that it has raised $300 million in Sequence C funding at a $5.2 billion valuation. These are the main points.

Cryptocurrency pockets firm Blockchain.com introduced just lately that it has raised $300 million in Sequence C funding at a $5.2 billion valuation. This spherical of funding was led by companions of DST World, Lightspeed Enterprise Companions, and VY Capital.

This funding spherical additionally comes nearly a month after the corporate raised $120 million from a number of traders. Launched in 2011, Blockchain.com recorded greater than 65 million crypto wallets created in over 200 international locations. Plus the corporate has over 3 million verified customers and a market share of 28% throughout bitcoin transactions.

Because the curiosity in bitcoin has been surging resulting from a bull run, Blockchain.com noticed a 300% enhance in energetic customers over the previous yr. And Blockchain.com CEO and founder Peter Smith mentioned that the corporate is extremely worthwhile throughout its enterprise strains.