Today I’m pleased to announce that Blockchain.com has acquired the business of AiX, a company that has built an impressive, AI-powered negotiation and matching engine for institutional OTC traders. As we continue to expand our institutional offering, we’re excited to announce this acquisition and welcome the AiX team to Blockchain.com.
The AiX team brings deep engineering, trading, and operational expertise from some of the world’s most respected financial institutions, including JP Morgan and Goldman Sachs. AiX CEO, Jos Evans spent 15 year trading and broking in derivatives markets. In fact, he previously launched and sold a brokerage, which was a…
Last month, we announced that we raised $300M in Series C funding led by DST Global partners, Lightspeed Ventures, and VY Capital. Today we’re excited to publicly share that Baillie Gifford not only participated in that round, but invested $100M — the largest single investment in Blockchain.com to date.
For those who aren’t familiar, Baillie Gifford is a storied 110 year-old asset management firm who were early investors in some of the biggest tech-enabled companies over the last 20 years (Tesla, Google, Amazon, Airbnb, and more). They keep a low profile, have exacting standards, and are invaluable partners to Blockchain.com…
Later this month, we will be rolling out support for native SegWit in the Blockchain.com Wallet across all platforms (iOS, Android, and Web). We’re excited to be able to bring SegWit to the Wallet, which accounts for roughly 33% of all bitcoin network transactions, as it should help improve network speed and reduce transaction costs.
How Will it Work?
As wallets are included in the rollout, they will begin sending change outputs to their wallet’s SegWit change chain by default; thus making these funds available to be automatically used as inputs in future transactions.
Receive addresses will also now default…
I’m pleased to share that we’ve raised our Series C, securing $300M in funding at a $5.2B post-money valuation led by partners of DST Global, Lightspeed Venture Partners, and VY Capital, with participation from other existing and leading investors from around the world.
Since 2011, the Blockchain.com team has been heads down, relentlessly focused on building a company at the intersection of cryptocurrency, institutions, and (most importantly) people around the world. We continue to be honored by the trust our consumer and institutional clients put in us each day. …
Today, I’m excited to announce that Jim Messina will be joining the Blockchain.com Board of Directors.
Having been in the crypto industry for nearly a decade, it’s grown up a lot. We’ve come a long way from the early days, where crypto only captured the imaginations of cypherpunks in chat rooms, to today, where we’re seeing incredible interest from public companies and governments.
Today, I’m excited to welcome Lane Kasselman, our first Chief Business Officer. Lane has been a trusted adviser to Blockchain.com for nearly 6 years and has been with the team for some of our most critical moments.
As our rapidly growing company looks to scale corporate development, capital markets, partnerships, and government affairs, Lane will lead the team to advance these critical priorities. We’ll also be working with Lane to sharpen and expand the public-facing aspects of our business as Blockchain.com becomes essential for our customers, partners and community.
Lane has spent well over two decades working in business strategy…
Today we’re excited to share that Blockchain.com has closed on a strategic financing round, securing $120M from some of the world’s leading macro investors. These investors include Moore Strategic Ventures (Louis Bacon), Kyle Bass, Access Industries, Rovida Advisors, Lightspeed Venture Partners, GV (aka Google Ventures), Lakestar, Eldridge, and more.
When we set out to raise our Series A in late 2014, there were only a handful of venture-backed crypto companies. A bitcoin was worth hundreds of dollars and we were pleased to power just over 2 million wallets in the wild.
Six years later, we’ve come a long way. Bitcoin…
Wow, 2020. It’s hard to say anything that will address the highs, the lows, the fear, the relief, the community, and the news we all experienced. It can feel trite to try to bring it all back to your work — but we tried to do so with this video:
We’re on a mission to tirelessly help build a financial system for the internet that empowers anyone in the world to control their money. 2020 was not only big for the market, but also a hugely transformative year for our product. We shipped:
Last week I sent a letter on behalf of Blockchain.com to Treasury Secretary Steve Mnuchin (embedded below), outlining my concerns regarding FinCEN’s anticipated rules related to self-custodied wallets. Since then, FinCEN released a set of proposed rules that has been widely commented on in the crypto space. The good news is that the proposal published by FinCEN on Friday is less onerous than we had anticipated. For a great synopsis of the proposed rules, I recommend reading Compound General Counsel Jake Chervinsky’s thread on twitter.
About one crazy year, or lifetime ago, I posted some lessons learned after five years as a venture backed CEO.
What I didn’t share was how hard I have found the journey at times. How hard the isolation, pressure, and self judgement have been to labor under.
I was pushed forward by the unrelenting demons of insecurity and anxiety. No matter how much we accomplished, it was never enough to quiet those demons inside me. When you let those demons run you, they will ruin you, time and time again.
I’ve learned that the goalposts will always move. If you…