{"id":22663,"date":"2022-03-31T07:57:50","date_gmt":"2022-03-31T06:57:50","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=22663"},"modified":"2022-03-31T08:31:46","modified_gmt":"2022-03-31T07:31:46","slug":"blockchain-coms-value-rises-to-14-billion-after-new-round-of-fund","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/blockchain-coms-value-rises-to-14-billion-after-new-round-of-fund\/","title":{"rendered":"Blockchain.com’s Value Rises To $14 Billion After New Round Of Fund"},"content":{"rendered":"\n
The valuation of Blockchain.com<\/a> has been raised to a whopping $14 billion after securing an undisclosed amount in funding.<\/h5>\n\n\n\n
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Blockchain.com value rises to $14 billion<\/figcaption><\/figure>\n<\/figure>\n\n\n\n

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Blockchain.com, a cryptocurrency exchange<\/a>, and financial services company, has reportedly obtained new capital valued at $14 billion.<\/p>\n\n\n\n

According to Bloomberg\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a>, Lightspeed Ventures, a worldwide venture capital firm, and Baillie Gifford & Co., an investment management business known for its early involvement in growth stocks like Tesla, led the financing round.<\/p>\n\n\n\n

The firms' valuation reportedly increased from $5.2 billion to $14 as a result of the investment round, which has yet to be formally acknowledged by Blockchain.com or the investors. The overall amount of money raised has not yet been revealed.<\/p>\n\n\n\n

Blockchain.com, which was founded in 2011, is currently one of the world's top cryptocurrency enterprises, with a wide range of blockchain-based financial services ranging from its exchange platform and crypto wallets to specific institutional products. It has 37 million verified users, 82 million wallets, and a cumulative transaction value of over $1 trillion on its network.<\/p>\n\n\n\n

Blockchain.com made headlines in April of last year by getting a $100 million investment from Baillie Gifford & Co., which was the single largest investment in the company at the time.<\/p>\n\n\n\n

The most recent major investment round for the crypto exchange was in March 2021, when the company raised $300 million at a valuation of $5.2 billion in the Series C round. DST Global, Lightspeed Venture Partners, and VY Capital led the investment round. Before this, the company had been raising $120 million from a variety of VC firms, with the money primarily going toward institutional business development.<\/p>\n\n\n\n

Blockchain.com was added to the list of organizations withdrawing from the UK Financial Conduct Authority's (FCA) provisional register for crypto-asset licensing this week, which stipulates that firms either be certified under an anti-money-laundering (AML<\/use><\/svg><\/span><\/a>) scheme or cease trading by March 31.<\/p>\n\n\n\n

On March 29, Blockchain.com withdrew its application, opting instead to operate in Europe under a Lithuanian registration. BC2C, an institutional cryptocurrency trading firm, also withdrew from the UK on March 11, opting to run its business through a US corporation instead.<\/p>\n","protected":false},"excerpt":{"rendered":"

The valuation of Blockchain.com has been raised to a whopping $14 billion after securing an undisclosed amount in funding. Blockchain.com, a cryptocurrency exchange, and financial services company, has reportedly obtained new capital valued at $14 billion. According to Bloomberg , Lightspeed Ventures, a worldwide venture capital firm, and Baillie Gifford & Co., an investment management […]<\/p>\n","protected":false},"author":33,"featured_media":22664,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[32,21],"tags":[202,1406],"class_list":["post-22663","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-exchange-news","category-news","tag-blockchain","tag-crypto-exchange"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/03\/etf-investment-guide-theme-blockchain.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/22663","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=22663"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/22663\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/22664"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=22663"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=22663"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=22663"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}