Blockchain.com, a cryptocurrency enterprise offering a digital asset exchange, a blockchain explorer, and a non-custodial wallet, has recently secured $110 million in a Series E funding round spearheaded by Kingsway. Despite this successful funding round, Blockchain.com’s post-valuation reportedly stands at less than half of its value estimated in 2022.
Investors Inject $110 Million Into Blockchain.com
Blockchain.com, the digital assets platform, has made headlines by securing $110 million in a Series E financing round, with Kingsway taking the lead. This financial endeavor also witnessed participation from investors such as Coinbase Ventures, Lakestar, Lightspeed Venture Partners, and Baillie Gifford, as initially reported by Bloomberg’s Olga Kharif.
Notably, several of the investors who joined this Series E round had previously participated in the Series D round. Kharif further reported that “a person familiar with the matter” told the publication that Blockchain.com’s pos
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