Blockchain.com valued at $14 billion

The company has completed another round of funding, led by Lightspeed Venture Partners and Baillie Gifford

31.03.2022 - 15:00

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What’s new? Blockchain.com’s capitalization increased from $5,2 billion to $14 billion after the completion of its latest funding round. It was led by venture capital firm Lightspeed Venture Partners and UK-based asset manager Baillie Gifford. The exact amount of the investment is not disclosed. This was reported by the Bloomberg news agency.

Information on the Bloomberg website

What had happened before? Baillie Gifford invested $100 million in Blockchain.com in April 2021. This was the largest investment in the company in the entire history of its existence.

What is known about the company? Blockchain.com was founded in 2011. It has become one of the largest cryptocurrency companies on the market, providing users with blockchain explorer services and digital asset storage. According to information on the company’s website, the platform is used by more than 37 million verified users and the total amount of transactions is more than $1 trillion.

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