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Crypto agency Blockchain.com raises $ 300 million value $ 5.2 billion – CNA

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Cryptocurrency firm Blockchain.com introduced on Wednesday that it had raised $ 300 million in its newest funding spherical, valued at $ 5.2 billion.

The exchange rates and logos of Bitcoin, Ether, Litecoin and Monero are shown on the display of a Cr

The change charges and logos of Bitcoin (BTH), Ether (ETH), Litecoin (LTC) and Monero (XMR) are proven on the show of a cryptocurrency ATM of the blockchain fee service supplier Bity within the Home of Satochi Bitcoin and Blockchain store in Zurich , Switzerland March 4, 2021. REUTERS / Arnd Wiegmann


March 24, 2021, 6:26 p.m.

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LONDON: Cryptocurrency firm Blockchain.com introduced on Wednesday that it had raised $ 300 million in its newest funding spherical, valued at $ 5.2 billion.

The spherical was led by DST World, Lightspeed Enterprise Companions and VY Capital, introduced the London-based firm

Blockchain.com affords digital wallets for storing cryptocurrencies in addition to retail and different companies for bigger buyers.

Bitcoin hit a report near $ 62,000 this month as mainstream firms and buyers more and more settle for cryptocurrencies, resulting in a surge within the rankings of associated firms.

Blockchain.com introduced final month that it had raised roughly $ 120 million from investments by Alphabet Inc.’s enterprise capital unit.

(Reporting by Tom Wilson; Enhancing by Edmund Blair)

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