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News by FinTech Collective Archive

Blockchain.com raises $300m in Series C funding at a $5.2b valuation

Sarah Wolter

March 24, 2021

https://www.passle.net/Content/Images/passle_logo-186px.png Passle https://passle.net

Sarah Wolter

London based digital assets platform raised $300m in Series C funding led by DST Global, Lightspeed Venture Partners and VY Capital.

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The company plans to use the new capital to hire new employees and to support its institutional business. “The institutional side requires more capital,” Mr. Smith said. “When you’re pitching asset managers they want to see a big balance sheet.”

https://www.wsj.com/articles/blockchain-com-raises-300-million-as-investors-find-other-ways-into-bitcoin-11616576413

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More posts by Sarah Wolter

Klarna to launch credit card offering in the US “over the next few months”

Klarna to launch credit card offering in the US “over the next few months”

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Coincover unveils ‘protected co-signing’ for crypto transactions to prevent fraud and hacks

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Public acquires Stocktwits trading accounts

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Centrifuge raises $15m in Series A funding for institutional DeFi adoption

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