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Cryptocurrency Lending Startup BlockFi Raises $30M in Series B Funding Round
Summary: Shortly after a Series A funding round that saw crypto lending startup BlockFi receive $18.3 million, the company has now secured another $30 million in their Series B funding round. BlockFi announced on Thursday, the new funding will aid the firm in expanding both its product offering and geographic footprint. The Series B was led ...
Shortly after a Series A funding round that saw crypto lending startup BlockFi receive $18.3 million, the company has now secured another $30 million in their Series B funding round.
BlockFi announced on Thursday, the new funding will aid the firm in expanding both its product offering and geographic footprint.
The Series B was led by Peter Thiel's Valar Ventures with participation from repeat investors Morgan Creek Digital, PJC, Akuna Capital, CMT Digital, Winklevoss Capital and Avon Ventures. New investors included Castle Island Ventures, Purple Arch Ventures, Kenetic Capital, Arrington XRP Capital and HashKey Capital.
By Janelle Fox
Tags: BlockFi,Cryptocurrency,Funding
Link: Cryptocurrency Lending Startup BlockFi Raises $30M in Series B Funding Round [Copy]
