Blockchain.com Raises $110M in Fundings; Amid Huge Valuation Drop 

Blockchain.com Raises $110M in Fundings; Amid Huge Valuation Drop 

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Blockchain.com reportedly had a valuation of a whopping $14 Billion during the funding round that took place in early 2022.
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Apart from Kingsway, the other participants in the funding round include Coinbase Ventures, Lakestar, Vaillie Gifford, and several others. 
Blockchain.com, one of the prominent crypto exchange firms and wallet provider firms, recently closed a funding round of over $100 Million. The funding round was led by British virtual capital firm Kingsway along with several other participants. The crypto firm gained attention for a drop in valuation amid the recent funding round.
Bloomberg reported that Blockchain.com raised $110 Million worth of investments in a Series E funding round. The funding round took place after more than a year and a lot has changed since then for the company as well as for the broader crypto industry. One of the most talked about instances of the recent funding round was the company’s valuation. 
Blockchain.

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