One of the most important and fastest-growing crypto companies in the UK, Blockchain.com, has announced a Series C funding round of $300M, which was led by DST Global, VY Capital, and Lightspeed Venture Partners.
This happened just as the crypto company is experiencing a period of increased growth, which includes a $120M strategic growth round in February. Between debt and equity, the firm has managed to raise $1.5 billion since it was launched ten years ago. The most recent capital raise represents the third-largest in the history of the industry.
Following this move, the London-based crypto unicorn has a value of $5.2B. Peter Smith, the CEO and co-founder of the company, said “Over 31 million verified users in over 200 countries use our products, and we’ve seen a 3x increase in active users over the past 12 months alone.”
Recently, Blockchain.com has appointed crypto industry expert Jim Messina to the Board of Directors. Messina is known for having been the campaign manager of President Barack Obama in 2012 and for serving as the White House Deputy Chief of Staff.