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Blockchain.com Valued At $14B After Funding Round

Funding round

Crypto exchange Blockchain.com is one of the most valuable crypto companies after a funding round values it at around $14 billion.

According to a report from Bloomberg, Blockchain.com had a funding round led by Lightspeed Venture Partners with major participation from Baillie Gifford & Co.

In March of 2022, Blockchain raised around $300 million valuing the company at around $5.2 billion. This concludes that within the last year Blockchain.com has grown its value by over 260%.

Blockchain.com currently has over 37 million users from 200+ countries. There have been over 82 million wallets created through the site, these wallets have transacted in total over $1 trillion states the site. Blockchain stated in 2021 that it would be moving its headquarters to Miami from New York.

Will this move assist in the fast growth of the company?