{"id":2675,"date":"2023-11-29T07:10:58","date_gmt":"2023-11-29T07:10:58","guid":{"rendered":"https:\/\/cryptofunding.vc\/?p=2675"},"modified":"2023-11-29T07:10:59","modified_gmt":"2023-11-29T07:10:59","slug":"blockchain-coms-valuation-for-2022-is-halved-to-110-million-in-its-latest-funding-round-according-to-a-report","status":"publish","type":"post","link":"https:\/\/cryptofunding.vc\/blockchain-coms-valuation-for-2022-is-halved-to-110-million-in-its-latest-funding-round-according-to-a-report\/","title":{"rendered":"Blockchain.com&#8217;s valuation for 2022 is halved to $110 million in its latest funding round, according to a report"},"content":{"rendered":"\n<p>Blockchain.com, the leading crypto exchange and wallet provider, has successfully concluded a robust Series E financing round, securing an impressive $110 million in investment. This funding round, marked by the confidence of prominent investors including Kingsway Capital, Baillie Gifford, Lakestar, and Coinbase Ventures, represents a pivotal moment for the company.<\/p>\n\n\n\n<p>Despite a slight adjustment in valuation compared to its peak of $14 billion in March 2022, Blockchain.com remains at the forefront of the crypto industry. The funding round signals a resurgence of investor interest in crypto enterprises, driven by the ongoing surge in digital asset prices.<\/p>\n\n\n\n<p>Blockchain.com, founded in 2011, boasts a substantial user base of 37 million verified users, 82 million wallets, and a remarkable total transaction value exceeding $1 trillion. This latest round of funding not only underscores the company&#8217;s resilience but also mirrors the growing investment appetite within the crypto sector.<\/p>\n\n\n\n<p>The broader market sentiment towards crypto assets is notably positive, fueled by the anticipation surrounding spot Bitcoin exchange-traded fund products from financial giants like BlackRock and Fidelity. Against this backdrop, Bitcoin has experienced a remarkable 116% surge in the past year, while other major cryptocurrencies such as Ether and Solana have seen gains of 61% and 300%, respectively, over the last 12 months.<\/p>\n\n\n\n<p>In essence, Blockchain.com&#8217;s Series E funding, led by key investors, exemplifies the renewed confidence in the crypto market and its potential for sustained growth.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Blockchain.com, the leading crypto exchange and wallet provider, has successfully concluded a robust Series E financing round, securing an impressive $110 million [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":2676,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18,25],"tags":[],"class_list":["post-2675","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-funding-round","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.3 - 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