Crypto exchange and wallet service Blockchaincom has raised $110 million in a Series E funding round led by Kingsway Capital, with participation from Baillie Gifford, Lakestar, LSVP, GV, and others. The funding round reportedly halved the firm's valuation from $14 billion in March 2022. This significant funding comes amid a broader trend of startups pulling back from the crypto VC scene, as overall crypto funding plunged over 60% in Q3 2023 compared to the same period in 2022.
ICYMI: Early-stage VC explains how private valuations are reacting to crypto’s latest rally https://t.co/BRfVhzWS5Y
Early-stage VC explains how private valuations are reacting to crypto's latest rally https://t.co/DOyKrx4hen
#Crypto Firm Blockchain․com Raises $110 Million in Series E Round Led by Kingsway https://t.co/9RpCyiQiYc
According to PitchBook, overall crypto funding plunged over 60% in Q3 2023 compared to the same period in 2022 https://t.co/MPW5pTjTfF
💸 @RiskLedger, a start-up that assists organizations in managing their exposure to cyber security risk in their supply chains, raised £6.25M in Series A Funding. https://t.co/LBTWRSbcte https://t.co/BC6Hcwc9Xv
https://t.co/SwCR7WHIp1 raises $110M in funding led by Kingsway Capital https://t.co/bkE2Qs5v3Q
Binance Labs said it is now more focused on supporting startups that already have real products and revenue, rather than simple hype; Coinbase Ventures is backing more startups outside the United States, especially India, Singapore, Australia, and the UK; Kraken said… https://t.co/g0FhFhL82o
you can safely assume that by the time you read any news story on vc funding, the market is at least 3 months ahead of the narrative early stage (pre-seed to series a) crypto market is hot now globally, significant momentum as companies and investors position for forming cycle https://t.co/hxKZZ4o4iW
Startups are major players in the crypto VC scene. Now, they're pulling back https://t.co/79uTcCcnuP
Startups are major players in the crypto VC scene. Now, they're pulling back https://t.co/VVGfqD5jqR
Startups are major players in the crypto VC scene. Now, they're pulling back https://t.co/QizJyeXC8t
Startups are major players in the crypto VC scene. Now, they're pulling back https://t.co/cDs84e1eUv
Crypto exchange and wallet provider @blockchain has closed a $110 million raise, according to a report. By @thesamreynolds. https://t.co/L8TMtDdaFE
ICYMI: https://t.co/TVXk3bFYxG raises $110 million in Series E funding https://t.co/4aCaW1sKnP
Crypto exchange Blockchaincom announced that it has received US$110 million in strategic Series E financing led by Kingsway Capital, with participation from Baillie Gifford, Lakestar, LSVP, GV and others. The company was valued at $14 billion in March 2022, and its Series E… https://t.co/22XECzM6w4
Crypto exchange @Blockchain closed a $110 million Series E funding round, with Bloomberg reporting the raise more than halved the firm’s March 2022 valuation of $14 billion. https://t.co/b5Iok2ivVX
📣 Latest News: https://t.co/BJH1pcAkpn $110M funding round halves its 2022 valuation: Report #news #cryptonews #crypto
Crypto exchange and wallet service https://t.co/wu2ohUD20l raised a $110M Series E led by Kingsway, a source says at less than half of its spring 2022 $14B valuation (@olgakharif / Bloomberg) https://t.co/dPqBlCpkfi 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/bAP5SVqKsl