Last month, we announced that we raised $300M in Series C funding led by DST Global partners, Lightspeed Ventures, and VY Capital. Today we’re excited to publicly share that Baillie Gifford not only participated in that round, but invested $100M — the largest single investment in Blockchain.com to date.
For those who aren’t familiar, Baillie Gifford is a storied 110 year-old asset management firm who were early investors in some of the biggest tech-enabled companies over the last 20 years (Tesla, Google, Amazon, Airbnb, and more). They keep a low profile, have exacting standards, and are invaluable partners to Blockchain.com as we grow. As one of their first investments in a crypto company, we’re honored to include them on our journey to bring the next 1B people into crypto. It’s also a validation that a balanced and diversified retail/institutional business has incredible growth potential in the coming years.
With additional resources and support we’ll continue to relentlessly improve our product, grow the business, and evangelize the crypto space.