Baillie Gifford and iFinex led a $210m Series B funding round in Blockstream.

Baillie Gifford, an investment management firm, and iFinex, an IEO platform, led a $210m Series B funding round in Blockstream, a developer of a blockchain technology. The funding will advance Blockstream’s other innovative mining products and services, including the recently announced Blockstream Energy product, which maximises renewable energy investment returns at power production sites. This new mining infrastructure will be used in many partnerships around the world, including Blockstream’s collaboration with Square to develop an open-source, solar-powered mining facility in the United States.