Blockchain.com, the popular provider of wallets for Bitcoin (BTC) and Ethereum (ETH), has just raised an additional $ 120 million. An impressive fundraiser in which GV, an investment fund founded by Google, participated.
Blockchain.com is eyeing Google
Blockchain.com , a wallet and data provider for Bitcoin (BTC), just raised $ 120 million in a funding round led by macro-investors. To date, the company has now raised over $ 190 million.
According to the communiqué of the London company , these investors include Moore Strategic Ventures (Louis Bacon), Kyle Bass, Access Industries, Rovida Advisors, Lightspeed Venture Partners, Lakestar and Eldridge.
Of particular note is the presence of GV (aka Google Ventures), an investment fund founded by Google that invests in companies specializing in new technologies.
“What excites me the most right now is the overwhelming optimism of serious institutional investors about cryptocurrency,” said Peter Smith, Founder and CEO of Blockchain.com.
For Peter Smith, the fact that well-known investors participated in Blockchain.com’s latest fundraiser is further proof that institutions are seriously considering their cryptocurrency strategy.
“In fact, the current uptrend is dominated by Fortune 500 companies, investment funds and institutions that bring the net flows into cryptocurrency,” he added.
Industry juggernaut confirms its position
A true giant of the industry, Blockchain.com claims that 28% of all Bitcoin transactions since 2012 have been made through its services. In addition, more than 65 million wallets have been created on Blockchain.com since the deployment of the platform.
Optimistic about the future of the industry and his business, but aware that there is still so much to do, Peter Smith concluded:
“It’s time to get billions of people into cryptocurrency and millions of institutions around the world. It’s time to build a financial system for the Internet. “
Blockchain.com undeniably acts as a major player in the industry and often acts as the world’s first cryptocurrency experience for new followers. A role that Blockchain.com fulfills rather well and that it intends to preserve for the future.