Blockchain.com Raises $300M at $5.2B Valuation: Report

The news comes a month after the raising of $120 million in a round led by Google Ventures. In that round the company was valued at $3 billion.

AccessTimeIconMar 24, 2021 at 10:25 a.m. UTC
Updated Aug 19, 2021 at 8:17 a.m. UTC

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Blockchain.com has raised $300 million in a funding round that valued the company at $5.2 billion, 73% more than the company was deemed worth only a month ago, according to a published report.

  • The investment into the London-headquartered firm was led by DST Global, Lightspeed Venture Partners and VY Capital, the Wall Street Journal reported Wednesday.
  • The news comes a month after the raising of $120 million in a round led by Google Ventures. In that round the company was valued at $3 billion.
  • The deal is a sign that venture capital firms are once again diving into the crypto space, the report noted.
  • Blockchain.com offers wallets, trading and numerous other crypto-related services to its 31 million customers.
  • The company claims to have have over 70 million wallets across over 200 different countries.
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