Crypto News
| Published On Mar 31, 2022 10:27 am CEST | By Peter Siu

Crypto Exchange Blockchain.com Now Valued at $14 Billion After New Funding Round

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After a new funding round raising an undisclosed amount, cryptocurrency exchange Blockchain.com is now a $14 billion valued company.

The funding round was led by Lightspeed Venture Partners, with “major participation” from Baille Gifford & Co. The latter already invested $100 million in the platform in April of last year.

The exchange was founded in 2011 and has 37 million verified users across the globe. According to its website, one-third of all Bitcoin network transactions are made through it.

In March of last year, the exchange was valued at $5.2 billion after it raised $300 million with Lightspeed and VY Capital participating in that round.

Peter Siu

Peter is a former poker-pro, turned crypto enthusiast with 8+ years’ experience in operational roles dealing with all online gaming verticals within large iGaming companies, including Flutter and Entain. Now an expert in the field of Sports Betting, Casino, iGaming, and Poker, he is our team leader and editor. When not working, Peter can be found in the gym or playing sports like football, tennis and more recently padel.