Tuesday, October 15, 2024

Welcoming Kingsway Capital. Since 2014, Blockchain.com has been… | by Blockchain.com | @blockchain | Oct, 2022


Since 2014, Blockchain.com has been lucky to depend lots of the world’s most prestigious and profitable traders as a part of our firm. That’s why I’m proud to announce Blockchain.com accomplished a strategic financing in early Q3 to strengthen our stability sheet, led by marquee investor Kingsway Capital, with added participation from current traders together with Baillie Gifford, Lightspeed Enterprise Companions, VY Capital, DST, GV, Fort Ross, Entry Industries, Lakestar and lots of extra.

Kingsway was based by Manny Stotz, one of many main traders in digital property and frontier markets. During the last a number of months, Manny has additionally develop into a trusted advisor to our management workforce and an advocate for our model and imaginative and prescient. As Blockchain.com weathers the turbulent markets we couldn’t ask for a greater companion by our aspect to chart the way in which ahead.

Our strategic financing is available in a second of continued momentum for Blockchain.com. With current regulatory approvals to function in Italy, Dubai, Singapore, Cayman and others, we’re centered on accelerating into 2023 by doing what we do greatest: assist folks and establishments purchase, promote, maintain and make investments their digital property.

There’s no higher proof of this than our partnership with the Dallas Cowboys: simply midway by the soccer season and we’re already seeing hundreds of loyal Cowboys followers develop into loyal Blockchain.com clients. Actually, over the previous 45 days, we’ve tripled the variety of followers who’ve develop into clients whereas growing consciousness of Blockchain.com by an estimated 4x. It’s superb to see our shared model worth and buyer promise end in so many new adopters to the ecosystem.

Within the coming weeks we’ve got thrilling bulletins to share on staking, DeFi, and methods our clients can use crypto in on a regular basis life. We’ll even be on the highway presenting our imaginative and prescient for the way forward for finance and taking part at crypto, finance, and fintech conferences from London to Riyadh to Las Vegas and dozens of cities in between.

We’re nonetheless Day One in crypto — and stay up for the following decade of innovation, driving progress for the broader crypto market, and to being the defining chief in the way forward for finance.

Peter Smith, CEO and Co-Founder

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