Cryptocurrency platform Blockchain.com has announced that it has raised $110 million in a new funding round led by Kingsway Capital. This Series E raise includes participation from major firms like Baillie Gifford, Lakestar, LSVP, and Coinbase Ventures. Despite the recent crypto bear market, Blockchain.com has seen 1,500% growth in revenue in the past four years. As part of the deal, Stotz and Lakestar partner Nicolas Brand will join the company’s board of directors. This funding round shows that Blockchain.com is continuing to expand despite the bear market, and is taking steps to ensure regulatory compliance. #Cryptocurrency #Blockchain #FundingRound #Innovation
You can read more about this topic here: Decrypt: Blockchain.com Secures $110 Million in New Funding
