On Wednesday, as the leading crypto asset bitcoin has been riding above the $50k handle, the well known firm Blockchain.com announced the company has raised $120 million in a strategic financing round. Blockchain.com says the financing comes at a momentous occasion, as the firm’s wallets have seen 65 million created to-date in over 200 countries.

London Firm Blockchain.com Raises $120 Million from Macro Investors

Blockchain.com is a popular cryptocurrency company that has been around since 2012. On February 17, 2021, the company’s cofounder and CEO, Peter Smith, revealed Blockchain.com has raised $120 million from a number of macro investors.

Smith also recalled how the company raised money in 2014 and they only had around two million wallets issued at the time.

“Six years later, we’ve come a long way,” Smith wrote on Wednesday. “Bitcoin just crossed the monumental price target of $50k. Over 65 million wallets have been created in…

Click to continue reading on its source location…

Source: https://news.bitcoin.com/blockchain-com-raises-120-million-in-a-strategic-financing-round-firms-institutional-arm-swells/