Blockchain.com Acquires AiX to Expand Institutional Offering

Blockchain.com, a world's leading digital asset platform, has made an official statement about its latest acquisition of AiX, a technology firm that has built the AI-powered negotiation and matching engine for institutional OTC traders.

As detailed in the official press release, the latest acquisition aims to expand the company's institutional offering. Earlier this year, Blockchain.com closed on a strategic financing round, securing $120M from some of the world's leading macro investors. Then in last month, the digital asset platform raised $300 million in a Series C funding round, receiving a valuation of $5.2 billion.

Commenting on the latest announcement, Peter Smith, CEO of Blockchain.com, said: “The AiX team brings deep engineering, trading, and operational expertise from some of the world’s most respected financial institutions, including JP Morgan and Goldman Sachs. AiX CEO, Jos Evans spent 15 years trading and broking in derivatives markets. When we raised our Series C last month, I shared our vision to aggressively expand our products, grow our customer base, and pursue M&A opportunities that bring new products and ideas into the company. Given that our Institutional Markets businesses are rapidly growing, it’s fitting that AiX join us to accelerate the development of products and solutions for Institutions.”