Crypto wallet Blockchain.com has announced that it has raised a $120 million funding round.
The investors include Moore Strategic Ventures (Louis Bacon), Kyle Bass, Access Industries, Rovida Advisors, Lightspeed Venture Partners, GV (aka Google Ventures), Lakestar, Eldridge, and more.
“Bitcoin just crossed the monumental price target of $50k. Over 65M Wallets have been created in 200+ countries. And 28% of all Bitcoin transactions since 2012 have occurred via Blockchain.com, representing billions in transaction volume.“, the blog post read.
Originally named Blockchain.info, the company started off as a blockchain explorer. An explorer lets you enter the hash of any transaction that occurs on the bitcoin blockchain to get more information about the amount, fees, number of confirmations as well as the wallet addresses of the sender and the receiver. Over time, explorers started adding support for more blockchains and more types of data.
