Blockchain.com

Blockchain.com

Cryptocurrency trading and wallet services platform

About Blockchain.com

Simplify's Rating
Why Blockchain.com is rated
C+
Rated B on Competitive Edge
Rated B on Growth Potential
Rated D+ on Rating Differentiation

Industries

Fintech

Crypto & Web3

Company Size

501-1,000

Company Stage

Series E

Total Funding

$583.6M

Headquarters

London, United Kingdom

Founded

2011

Overview

Blockchain.com operates a platform that allows users to buy, store, and trade cryptocurrencies such as Bitcoin and Ethereum. The platform features a fast exchange that can execute trades in microseconds, making it suitable for both individual and institutional clients. Users can deposit and withdraw various fiat currencies, including Euros and Dollars, thanks to its integration with a global banking network. Blockchain.com generates revenue through transaction fees, trading spreads, and premium services, while also offering an institutional-grade API for advanced trading and market data. What sets Blockchain.com apart from competitors is its focus on security and reliability, ensuring that users' funds and data are well-protected.

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Simplify's Take

What believers are saying

  • Blockchain.com raised $110 million in a Series E funding round.
  • Integration with Altonomy enhances Blockchain.com's trading platform capabilities.
  • Growing interest in privacy-focused blockchain solutions benefits Blockchain.com's offerings.

What critics are saying

  • Increased competition from zero-knowledge identity projects like Humanity Protocol.
  • Cross-chain interoperability platforms may reduce Blockchain.com's competitive edge.
  • Operational risks from integrating Altonomy's systems into Blockchain.com.

What makes Blockchain.com unique

  • Blockchain.com offers a comprehensive suite for buying, storing, and trading digital assets.
  • The platform integrates with a global banking network for multi-currency transactions.
  • Blockchain.com provides an institutional-grade API for programmatic trading and live market data.

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Funding

Total Funding

$583.6M

Above

Industry Average

Funded Over

5 Rounds

Notable Investors:
Series E funding typically includes additional rounds after Series D if the company needs more capital. The business is usually stable, and these rounds are typically used for further expansion or to address market challenges.
Series E Funding Comparison
Meet Average

Industry standards

$100M
$245M
Stripe
$250M
Reddit
$1250M
Epic Games
$1500M
Airbnb

Benefits

Competitive Salary

Meaningful Equity

Crypto Bonus

HealthCare

Paid Family Leave

Get the equipment you need

Unlimited Vacation

Remote-first

Offsites

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

-2%
Medium
May 15th, 2024
Humanity Protocol Raises $30M for ZK Identity

Humanity Protocol raised $30 million in a Seed Round at a $1 billion valuation to develop a zero-knowledge Worldcoin competitor. The funding, led by Kingsway Capital with participation from Animoca Brands, Blockchain.com, Hashed, and Shima Capital, will accelerate hiring and product development ahead of their public testnet launch in late 2024. The project aims to establish Self-Sovereign Identity using a Proof of Humanity consensus mechanism and a palm scanning app.

Finsmes
Feb 7th, 2024
Omega Raises $6M in Funding

Omega, a Miami, FL-based Web3 infrastructure provider, raised $6M in funding

Crypto News Australia
Nov 15th, 2023
Blockchain.com Secures $110 Million in New Funding

Cryptocurrency platform Blockchain.com announced Tuesday it has raised $110 million in a new funding round led by Kingsway Capital. The Series E raise includes participation from major firms like Baillie Gifford, Lakestar, LSVP, and Coinbase Ventures. Kingsway Capital was founded by Manny Stotz with $5 billion in assets under management. Blockchain.com launched as Blockchain.info in […]

InvestingCube
Aug 16th, 2023
ZetaChain Raises $27 Million to Enhance Cross-Chain Interoperability

ZetaChain uses a transparent PoS mechanism and is building a standardised interoperable platform that supports all cross-chain transactions.

CoinDesk
May 9th, 2023
Crypto Hardware Maker Fabric Systems Raises $13M in Seed Funding

Skype co-founder Jaan Tallinn's Metaplanet was among the investors.

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