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Blockchain.com Hits $14B Valuation after Series D Round

Annie Li   Mar 31, 2022 16:00 1 Min Read


   

Cryptocurrency exchange Blockchain.com has secured a Series D investment led by Lightspeed Venture Partners.

The exact amount of the investment was not disclosed, but the financing brought the exchange to a valuation of $14 billion. 

Other investors include investment management firm Baillie Gifford & Co from Edinburgh, UK.

As reported by blockchain.News on August 31, 2021, the Luxembourg-based cryptocurrency exchange has now successfully processed over $1 trillion in transactions on its platform, which has been operating over the past decade.

Blockchain.com is one of the few crypto unicorns as it was valued at $5.2 billion following the $300 million it pulled from investors back in March 2021.

The company was moving its US headquarters from New York to Miami. Currently, it has 37 million verified users with 82 million wallets created.

 


Image source: Shutterstock

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