Share this article
Blockchain.com Raises $300M at $5.2B Valuation: Report
The news comes a month after the raising of $120 million in a round led by Google Ventures. In that round the company was valued at $3 billion.
Updated Sep 14, 2021, 12:31 p.m. Published Mar 24, 2021, 10:25 a.m.
Make us preferred on Google
Blockchain.com has raised $300 million in a funding round that valued the company at $5.2 billion, 73% more than the company was deemed worth only a month ago, according to a published report.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
- The investment into the London-headquartered firm was led by DST Global, Lightspeed Venture Partners and VY Capital, the Wall Street Journal reported Wednesday.
- The news comes a month after the raising of $120 million in a round led by Google Ventures. In that round the company was valued at $3 billion.
- The deal is a sign that venture capital firms are once again diving into the crypto space, the report noted.
- Blockchain.com offers wallets, trading and numerous other crypto-related services to its 31 million customers.
- The company claims to have have over 70 million wallets across over 200 different countries.
See also: Blockchain.com Crypto Wallet Outage Affects ‘Large Number’ of Users
More For You
Pudgy Penguins is building a multi-vertical consumer IP platform — combining phygital products, games, NFTs and PENGU to monetize culture at scale.
What to know:
Pudgy Penguins is emerging as one of the strongest NFT-native brands of this cycle, shifting from speculative “digital luxury goods” into a multi-vertical consumer IP platform. Its strategy is to acquire users through mainstream channels first; toys, retail partnerships and viral media, then onboard them into Web3 through games, NFTs and the PENGU token.
The ecosystem now spans phygital products (> $13M retail sales and >1M units sold), games and experiences (Pudgy Party surpassed 500k downloads in two weeks), and a widely distributed token (airdropped to 6M+ wallets). While the market is currently pricing Pudgy at a premium relative to traditional IP peers, sustained success depends on execution across retail expansion, gaming adoption and deeper token utility.
More For You
Gold in 'extreme greed' sentiment as it adds entire bitcoin market cap in one day
Bullion ripped past $5,500 and sentiment gauges hit “extreme greed,” while bitcoin stayed pinned below $90K — a split that’s getting harder to ignore.
What to know:
- Gold’s surge above $5,500 an ounce has taken on the feel of a crowded trade, with its notional value jumping about $1.6 trillion in a single day.
- Sentiment gauges such as JM Bullion’s Gold Fear & Greed Index are signaling extreme bullishness in precious metals, even as similar crypto indicators remain stuck in fear.
- Bitcoin is lagging despite the “hard assets” narrative, trading like a high-beta risk asset while investors seeking a store of value are favoring physical gold and silver over digital tokens.
Top Stories
