Baillie Gifford invested $100 million, the largest single investment in Blockchain.com, according to report. The investment was part of $300 million in Series C funding led by DST Global partners, Lightspeed Ventures, and VY Capital.
Blockchain.com intends to use additional resources to improve its product, expand the business, and grow the crypto space
Blockchain.com says Baillie’s investment is a validation of a balanced and diversified business with potential growth opportunity in future.
Baillie Gifford is a 110-year-old asset management firm and was an early investor in biggest tech companies such as Tesla, Amazon, Google, and Airbnb
