Blockchain.com Raises $ 300 Million With A Valuation Of $ 5.2 Billion

Blockchain.com cryptocurrency exchange raised $ 300 million in a Series C funding round, which resulted in a valuation of $ 5.2 billion.

I’m pleased to share that @Blockchain has raised a Series C, securing $ 300M in funding at a $ 5.2B post-money valuation led by DST Global, @lightspeedvp , and VY Capital.

More: https://t.co/3iSGnflcm3

– Peter Smith (@OneMorePeter) March 24, 2021

The round was led by investment firms DST Global, Lightspeed Venture Partners and VY Capital. The funds raised are planned to be spent on the creation of new products.

“I am incredibly proud of the team and am optimistic about the future of Blockchain.com, our products and our brand,” said CEO Peter Smith.

According to him, Blockchain.com products are used by over 31 million users in over 200 countries. Over the past 12 months, their number has tripled.

As a reminder, in February Blockchain.com raised $ 120 million from Moore Strategic Ventures, Google Ventures, Lightspeed Venture Partners and others.

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