Blockchain.com Valued at $14 Billion Valuation in Series D Round

Blockchain.com, a London-based crypto firm that provides various services, has raised a Series D funding round at a $14 billion valuation, Brooks Wallace, head of communications at Blockchain.com, told that. 

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Blockchain.com provides various services, including trading, lending and custody, is now a decacorn (a term for a company valued at more than $10 billion).

The round was led by Lightspeed Venture Partners with "significant participation" from UK-based independent investment manager Baillie Gifford, said Wallace.

Wallace declined to comment on how much the firm has raised in the round. Bloomberg first reported the news.

The Series D round comes three months after Fortune reported, citing an anonymous source, that Blockchain.com is looking to raise $400 million in Series D at an $18 to $20 billion valuation. The company's Series C round was worth $300 million, raised in March 2021, at a $5.2 billion valuation.

Blockchain.com is one of the oldest firms in the crypto space, having been founded in 2011. In separate news, Fazzaco reported this March that Blockchain.com has cooperated with Stripe​, a technology company building financial insfrasture for the internet, to facilitate payments, mitigate fraud risk, and improve management.

Source: The Block