Blockchain operates a digital asset platform that enables users to buy, sell, swap, store, and earn cryptocurrencies. The platform provides both retail and institutional solutions, combining secure wallets with trading, lending, and interest-bearing crypto accounts.
With a global user base and mobile-first applications on iOS and Android, Blockchain plays a key role in simplifying access to cryptocurrencies while maintaining a strong focus on security, compliance, and scalability.
What Is Blockchain and What Does It Do?
Blockchain, founded in 2011, is a London-based cryptocurrency company offering digital wallets, trading, and exchange services. The platform allows users to manage cryptocurrencies such as Bitcoin, Ethereum, Bitcoin Cash, Stellar, and ALGO through a unified interface.
Blockchain also enables users to transfer crypto assets, earn interest through crypto accounts, and trade digital assets securely. The company employs between 201-500 employees as of July 2024 and serves millions of users worldwide.
How Much Funding Has Blockchain Raised?
1. Series A
- Amount Raised: $30.5M
- Lead Investors: Lightspeed Venture Partners
- Motivation: To expand wallet adoption and enhance blockchain infrastructure.
2. Series B
- Amount Raised: $40M
- Lead Investors: Google Ventures
- Motivation: To scale operations and grow the global user base.
3. Series C
- Amount Raised: $61M
- Lead Investors: Digital Currency Group
- Motivation: To expand exchange services and institutional offerings.
4. Series D
- Amount Raised: $300M
- Lead Investors: DST Global
- Motivation: To strengthen trading infrastructure and global market reach.
5. Series E
- Amount Raised: $110M
- Date: November 2023
- Lead Investors: Kingsway Capital
- Motivation: To support long-term growth, regulatory alignment, and product innovation.
Total Funding Raised: $700 Million
Current Valuation: $2.15 Billion (as of Apr 2021)
Latest Funding Date: November, 2023
Key Investors
1. Baillie Gifford
- Details: A global investment management firm known for backing long-term growth companies.
- Investment Focus Areas: Technology, financial services, innovation-led businesses.
- Notable Investments: Blockchain, Spotify, Airbnb, Stripe.
2. Access Industries
- Details: A privately held industrial group investing across technology, media, and energy sectors.
- Investment Focus Areas: Technology, media, telecommunications.
- Notable Investments: Blockchain, Warner Music Group, DAZN.
3. DST Global
- Details: A venture capital firm focused on late-stage technology companies.
- Investment Focus Areas: Internet platforms, fintech, software.
- Notable Investments: Blockchain, Stripe, Revolut, Alibaba.
Where Is Blockchain’s Headquarters?
Blockchain is headquartered in London, United Kingdom, providing proximity to global financial markets, regulatory bodies, and fintech talent.
What’s Next for Blockchain?
Blockchain is expected to continue expanding its institutional services, crypto lending products, and regulatory-compliant trading infrastructure. Future growth areas include deeper integration with traditional finance, enhanced security frameworks, and expansion into emerging crypto markets worldwide.
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