The post Blockchain.com secures $110M Series E at $7B valuation in crypto slump! appeared first on Coinpedia Fintech News
Crypto exchange Blockchain.com has secured $110 million in a Series E funding round led by Kingsway Capital, with contributions from Baillie Gifford, Lakestar, LSVP, and GV. The company’s valuation has dropped from $14 billion in March 2022 to less than $7 billion following the latest financing round. The news comes as the cryptocurrency market continues to experience significant volatility. Blockchain.com, which offers a range of digital asset services, including wallets, trading, and institutional solutions, has seen its user base grow to over 70 million registered accounts.