Blockchain.com attracted $120 million from venture investors – Bits Media

Blockchain.com cryptocurrency platform completed the strategic round of financing, on which it was possible to attract $120 Milln from large macro -investors.

Blockchain.com co -founder Peter Smith said, that the investors included Moore Strategic Ventures, Access Industries, Rovida Advisors, Lightspeed Venture Partners, Google Ventures, Lakkey, Eldridge and others. According to Smith, when the project tried to attract funds at the end 2014 of the year, He received support for only a few venture companies.

Then Bitcoin cost hundreds of dollars, The Blockchain.com management was more 2 Milln wallets. Now Bitcoin has reached a historical mark of $ 50,000 and even exceeded it. Smith writes, what with 2012 of the year 28% All transactions with bitcoin passed through Blockchain.com, These are billions of transactions.

Smith noted the optimistic attitude of institutional investors in relation to cryptocurrencies. The current "bull rally" is obliged to large organizations, investment funds and traditional companies from the Fortune list 500, which contribute to the influx of funds in bitcoin. Considering, that in the last round of financing some of the largest macro -investors in the world took part, This proves once again, that institutions are serious about digital assets. The head of Blockchain.com said, that during the pandemic cryptocurrencies begin to seem to be a salvation for finance, The popularity of decentralized networks is growing. Companies invest in bitcoin, And central banks study the possibility of releasing their own digital currencies and monitor the development of decentralized finance (DeFi).

“Our mission – give any person the opportunity to control his money anywhere. For this, we expand our services. It may seem to the world, that cryptocurrencies appeared overnight. But they, who works in this industry, understand, that for the development of technology and innovation you need to work day a day. There is still a lot to do. It is time to attract billions of people and millions of organizations around the world to attract to cryptocurrency industry, to create a new financial system ", – wrote co -founder Blockchain.com.

Earlier Blockchain.com announced integration with the Bitpay payment system. This allowed users of the Blockchain.com wallet make payments to sellers, using Bitpay as a payer handler.