Blockchain.com has raised $110 million in the recent Series E funding round. The strategic financing round was led by Kingsway Capital, with participation from Baillie Gifford, Lakestar, LSVP, GV, Access Industries, Moore Capital, Prudence, Freeman Capital, Coinbase Ventures, Pledge Ventures, and many more.
As per a Bloomberg report, Blockchain.com raised funding at a valuation of $14 billion in early 2022, but this new investment from Kingway was raised at “less than half” of that amount.
Blockchain.com is the leading global crypto infrastructure platform for consumers and institutions. The company is one of the earliest crypto platforms, which started in 2011, has more than 40 million verified users with more than 90 million wallets, and has facilitated over $1 trillion in crypto transactions.
The company’s co-founder and CEO is Peter Smith, and it is headquartered in London, England, United Kingdom.