Announced
Completed
Financials
Sources
Tags
Private Equity
Private
Single Bidder
Completed
Friendly
blockchain financial services
cryptocurrencies tools
Acquisition
Venture Capital
United States
FinTech
Minority
Domestic
Synopsis
Bain Capital, DST Global, Pomp Investments, and Tiger Global led a $350m Series D funding round in BlockFi, a financial services company dedicated to building a bridge between cryptocurrencies and traditional financial and wealth management products. Additional investors include participation from Susquehanna Government Products, Bracket Capital, Paradigm, Valar Ventures, Morgan Creek Digital, Akuna Capital, Hudson River Trading, ParaFi Capital, Jump Capital, Pacific Century Group, Gaingels, Third Prime, Kenetic, CMS Holdings, Breyer Capital, The Venture Collective and Castle Island Ventures. “BlockFi has solidified itself as a category winner built on superior products, a world-class team, and a brand of trust and reliability for investors and borrowers. We couldn’t be more thrilled to partner with the company to accelerate its growth globally and seize one of the most important opportunities of our time in shaping the future of finance," Stefan Cohen, Bain Capital Partner.
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