Blockchain.com has attracted $300 million in the next round of funding - Bits Media

Blockchain.com cryptocurrency platform received $300 million from VCs in Series C funding round. The total capitalization of the company is now estimated at $5.2 billion.

Lightspeed Venture Partners became investment leaders, VY Capital and partners of the DST Global fund. Moreover, all Only a month ago Blokchain.com received $120 Milln from large investors.

As the general director of Blockchain.com said Peter Smith (Peter Smith), The company plans to "aggressively expand" its business, Products and services. It is also planned to increase the staff and consider profitable transactions for the absorption of other companies.

Smith emphasized, that already now the "extremely profitable" platform for all its grocery lines, But additional funds will help accelerate business development. Moreover, in just two months 2021 year, the company's turnover exceeded a similar indicator for the entire 2020 year.

Currently Blockchain.com offers access to cryptocurrency wallets, trading services and other cryptocurrency services as for retail, and for institutional customers. According to company representatives, On the platform, more 31 million verified users from 200 countries of the world, And over the past year, a three -fold growth of active users has been recorded.

In early March, a fire occurred at the Blockchain.com, because of what wallet users lost access to them for five hours.