Crypto services company Blockchain.com has raised $300 million in series C financing, the company announced on Wednesday.
The funding round was led by Yuri Milner’s DST Global, along with Lightspeed Venture Partners and VY Capital.
Blockchain.com’s announcement comes on the heels of a $120 million raise last month, in what the firm called a “strategic growth round.” At the time, Fortune reported the company was worth $3 billion.
Now, Blockchain.com is touting a post-money valuation of $5.2 billion.
The company says it is „highly profitable” and that acquisitions could be on the way. „With one of the most significant balance sheets in the industry, we plan to aggressively expand the products we offer our customers, grow our global team, and pursue M&A opportunities to bring exciting new products and ideas into the company,” Blockchain.com CEO Peter Smith said in the release.
Its products include Bitcoin wallets, as well as a crypto exchange and blockchain analytics site. Bloc
