Announced
Completed
Financials
Tags
Cross Border
Venture Capital
Private
Private Equity
Acquisition
Payments / Commerce
cryptocurrencies
United States
Minority
Single Bidder
Completed
Friendly
fintech
Synopsis
Venture capital firms DST Global, Lightspeed Venture Partners, and VY Capital led a $300m Series C round in Blockchain.com, a cryptocurrency wallet provider, with participation from other existing and leading investors from around the world. "This round follows our $120m strategic growth round that we announced a month ago, led by a number of the best macro investors in the world. While Blockchain.com is highly profitable across each of our business lines (having surpassed all of 2020 contribution margin in the first 2 months of 2021) we believe that our new partners, who have experience in supporting companies during times of hyper growth — are the perfect complement to our recent addition of some of the best macro investors like Louis Bacon and Kyle Bass," Peter Smith, Blockchain.com CEO.
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