Blockstream Raises $210 Million, Now Valued At $3.2 Billion
Bitcoin infrastructure firm Blockstream is now valued at $3.2 billion after a $210 million Series B raise.Bitcoin infrastructure firm Blockstream has announced a $210 million Series B financing round led by investment management company Baillie Gifford and iFinex. The raise now puts the company at a $3.2 billion valuation, says a press release sent to Bitcoin Magazine. Some of the money raised will be spent on advancing Blockstream’s bitcoin mining products and services like Blockstream Energy. The new mining infrastructure they are building is planned to be used in many partnerships such....
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The crypto financial services provider Blockchain.com revealed on Wednesday that the company has raised $300 million in a financing round. Blockchain.com’s latest funding round follows the $120 million raise the company obtained last month. Blockchain.com Is Now Valued at $5.2 Billion On March 24, Blockchain.com CEO Peter Smith announced that the company was pleased to announce a new Series C financing round. The company has raised $300 million from investors and Blockchain.com’s post-money valuation has increased to $5.2 billion. Smith detailed on Wednesday that the funding....
Blockstream has officially announced $21m in seed funding to continue the development of its much-anticipated blockchain technology proposal, 'sidechains'. Announced on the Blockstream website, the round was led by LinkedIn co-founder and Airbnb board member Reid Hoffman. Khosla Ventures, which has previously invested in bitcoin API developer Chain; and Canada-based seed fund Real Ventures. In total, Blockstream indicated 40 investors took part in the round. Blockstream CEO Austin Hill positioned the funding as proof that the wider tech industry is increasingly acknowledging the disruptive....
Blockstream allows investors to mine Bitcoin by simply purchasing the Blockstream Mining Note security token. Major blockchain technology company Blockstream has completed six tranches of its Bitcoin (BTC) mining security token offering (STO), securing a total of 30.9 million euros ($36 million).Blockstream officially announced Thursday that the company raised 13.9 million euros ($16.1 million) in the sixth tranche of its Bitcoin mining-focused security token known as Blockstream Mining Note (BMN).According to the announcement, the latest raise was the largest tranche that Blockstream has....