Coinbase competitor Blockchain.com raises $300 million in crypto funding frenzy

Just one month removed from a $120 million dollar financing round, London-based cryptocurrency giant Blockchain.com announced Wednesday it raised another $300 million to reach a $5.2 billion post-money valuation.

The Series C funding round comes as the 10-year-old crypto company reported hitting 31 million verified users across 200 countries. Blockchain.com CEO Peter Smith said the company has been able to raise $1.5 billion since its founding as institutional interest continues to swell with…


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