Blockchain raises £218.8m in Series C funding led by DST Global, Lightspeed, and VY Capital to scale operations
The Series C round was led by DST Global, Lightspeed Venture Partners, and VY Capital.
Blockchain operates a cryptocurrency platform serving millions of verified users and institutional clients worldwide. The company provides digital asset products across more than 200 countries.
Blockchain has secured £218.8m in a Series C funding round led by DST Global, Lightspeed Venture Partners, and VY Capital, valuing the firm at a post-money valuation of £3.8bn. The capital injection follows a strategic growth round announced a month prior and comes as the company experiences significant growth in active users.
The freshly secured funds will be deployed to expand the company product offerings, grow its international workforce, and pursue strategic mergers and acquisitions. The financing also follows the recent addition of Jim Messina to the board of directors as the firm prepares for its next phase of global expansion.
Use of funds
- 01Continue product development
- 02Grow the team
- 03Fund acquisitions
Investors
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About the company
Blockchain
Blockchain provides cryptocurrency products and services for consumers and institutions globally.