Blockchain for Banking News

Google Ventures backs Blockchain.com $120 million funding

bitcoin cryptocurrency

Today Blockchain.com, the cryptocurrency exchange and wallet provider, announced a $120 million fundraising that includes Google Ventures alongside Moore Strategic Ventures (Louis Bacon), Kyle Bass, Access Industries, Lightspeed Venture Partners and others. Total funding to date exceeds $120 million.

The company shared some eye-popping figures. It has 65 million wallet users and claims that more than 28% of all Bitcoin transactions have used its wallet.

Bitcoin maximalists might latch on to the presence of Google. But Google Ventures has also invested in the likes of Uber and Slack. 

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