Since 2014, Blockchain.com has been fortunate to count many of the world’s most prestigious and successful investors as part of our company. That’s why I’m proud to announce Blockchain.com completed a strategic financing in early Q3 to strengthen our balance sheet, led by marquee investor Kingsway Capital, with added participation from existing investors including Baillie Gifford, Lightspeed Venture Partners, VY Capital, DST, GV, Fort Ross, Access Industries, Lakestar and many more.
Kingsway was founded by Manny Stotz, one of the leading investors in digital assets and frontier markets. Over the last several months, Manny has also become a trusted advisor to our leadership team and an advocate for our brand and vision. As Blockchain.com weathers the turbulent markets we couldn’t ask for a better partner by our side to chart the way forward.
Our strategic financing comes in a moment of continued momentum for Blockchain.com. With recent regulatory approvals to operate in Italy, Dubai, Singapore, Cayman and others, we’re focused on accelerating into 2023 by doing what we do best: help people and institutions buy, sell, hold and invest their digital assets.
There’s no better evidence of this than our partnership with the Dallas Cowboys: just halfway through the football season and we’re already seeing thousands of loyal Cowboys fans become loyal Blockchain.com customers. In fact, over the past 45 days, we’ve tripled the number of fans who have become customers while increasing awareness of Blockchain.com by an estimated 4x. It’s amazing to see our shared brand value and customer promise result in so many new adopters to the ecosystem.
In the coming weeks we have exciting announcements to share on staking, DeFi, and ways our customers can use crypto in everyday life. We’ll also be on the road presenting our vision for the future of finance and participating at crypto, finance, and fintech conferences from London to Riyadh to Las Vegas and dozens of cities in between.
We are still Day One in crypto — and look forward to the next decade of innovation, driving growth for the broader crypto market, and to being the defining leader in the future of finance.
— Peter Smith, CEO and Co-Founder
Welcoming Kingsway Capital was originally published in @blockchain on Medium, where people are continuing the conversation by highlighting and responding to this story.