Early Tesla investor Baillie Gifford invests $100M in Blockchain.com
Big tech investor Baillie Gifford has backed the largest single investment in major crypto wallet service Blockchain.com. Baillie Gifford, a 110 year-old asset management firm known for its early bets on firms like Tesla, has invested $100 million in major cryptocurrency wallet service Blockchain.com.Blockchain.com co-founder and CEO Peter Smith announced Wednesday that Baillie Gifford’s contribution to its $300 million funding round in March has become the largest single investment in the company so far. Smith stated that Baillie Gifford’s participation in the round marked “one of their....
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110-year-old asset management firm Baillie Gifford has invested $100 million in bitcoin wallet, exchange and explorer tool Blockchain.com.
Blockchain.com has secured a staggering $14 billion valuation after raising an undisclosed amount in funding from global VC firms. Cryptocurrency exchange and financial services firm, Blockchain.com, has reportedly raised new funding at a valuation of $14 billion.According to Bloomberg, the financing round was led by global venture capital firm Lightspeed Ventures and Baillie Gifford & Co., an investment management firm renowned for its early involvement in growth stocks such as Tesla. The funding round — which is yet to be publicly confirmed by Blockchain.com or the investors — reportedly....
Blockstream has secured $210 million in fresh investment from a U.K. private equity firm and crypto exchange Bitfinex’s operator. Canada-based Bitcoin (BTC) infrastructure firm Blockstream, co-founded by cryptographer and cypherpunk Adam Back, has hit unicorn status with its latest valuation at $3.2 billion.The company, which focuses on various Bitcoin-related areas — including operating as a mining service provider and developing renewables-based infrastructure intended to “green” the veteran cryptocurrency — has raised $210 million in its latest financing round, according to Canadian....
Tesla also expects to begin accepting bitcoin as a form of payment for its products "in the near future."
Tim Draper, the billionaire Bitcoin investor who is also an early investor in Tesla, reacted to Elon Musk's Bitcoin moment. Tim Draper, the billionaire Bitcoin (BTC) investor who also invested early in Tesla, reacted to the company's CEO and world's richest man, Elon Musk, adding #Bitcoin to his Twitter bio to join the likes of Twitter CEO Jack Dorsey and Reddit co-founder Alexis Ohanian.Draper, who holds around 30,000 BTC according to reports, told Musk that he would like to pay for the Tesla cybertruck with BTC while promoting his Bitcoin payment processor portfolio company OpenNode. He....