BlockFi brings in $350M
March 12, 2021- Share:
Crypto startup BlockFi has reached a valuation of $3 billion after raising $350 million in a Series D round. Bain Capital Ventures, Pomp Investments, Tiger Global and partners of DST Global led the financing. Jersey City, N.J.-based BlockFi operates a platform that lets users buy, sell and trade cryptocurrencies, as well as borrow funds against their crypto assets. It was valued at $435 million after a $50 million round last August, according to PitchBook data.
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