Blockchain.com raises $300M at a $5.2B valuation

Blockchain.com announced Wednesday that it’s raised $300M through a Series C fundraising that values the cryptocurrency trading platform at $5.2B.“I’m pleased to share that we’ve raised our Series C … led by partners of DST Global, Lightspeed Venture Partners, and VY Capital, with participation from other existing and leading investors from around the world,” Blockchain.com CEO and co-founder Peter Smith wrote in a blog post announcing the funding.The fresh cash comes only a month after Blockchain.com raised $120M through a “strategic” funding round that included Lightspeed, Google Ventures, Lakestar, Eldridge, Access Industries, billionaire Louis Bacon’s Moore Strategic Ventures and money from financier Kyle Bass. That round didn’t specify a valuation for the company.Blockchain.com offers crypto investors a variety of services, from trading cryptocurrencies to borrowing money against their holdings.The company hosts some 70M crypto “wallets” and has handled more than $620B of transactions to date.Blockchain.com boasts that it’s handled 28%