2 years ago
Crypto speech Blockchain.com reached a $14 cardinal valuation successful a backing circular led by Lightspeed Venture Partners, with "major participation" from Baille Gifford & Co, Bloomberg News reported connected Thursday, citing the company. The magnitude raised wasn't disclosed.
The U.K.-based institution raised $300 cardinal successful March past twelvemonth astatine a valuation of $5.2 billion, according the report. Lightspeed and VY Capital participated successful that round.
In April, Edinburgh-based Baillie Gifford invested $100 million.
Blockchain said successful 2021 it would determination its U.S. office to Miami from New York.
The exchange, founded successful 2011, has 37 cardinal verified users, and one-third of bitcoin web transactions are conducted done it, according to its website.
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Greg Ahlstrand is CoinDesk's Asia News Editor. Greg has nary important crypto holdings.
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