Blockchain.com recently concluded a funding round, securing $110 million, which now values the company at less than half of its previous $14 billion evaluation. The Series E funding was spearheaded by Kingsway Capital from the UK, joined by Lakestar, Lightspeed Venture Partners, and Coinbase Ventures. Neither Kingsway nor Blockchain.com commented on the matter when reached by CoinDesk. Earlier layoffs and varied valuations were reported earlier this year and in previous years, with the exact Series E valuation undisclosed.
Blockchain.com Closes $110M Raise: Bloomberg
