Bitcoin Startup Blockchain Taps $40 Million in New Funding
- One of the largest fintech investments since Brexit vote
- Investment led by Lakestar with Google’s GV, Richard Branson
Blockchain Raised $40M in New Funding, CEO Says
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Blockchain, the London-based bitcoin currency service provider, has raised $40 million of fresh funding, representing one of the largest investment rounds in the financial technology sector since Britain’s vote to leave the European Union.
New investors in the company, which provides technology such as virtual bitcoin wallets and analytical tools for the digital currency’s underlying system, include Google’s GV, which led the funding with Lakestar. Existing investors, including Lightspeed Venture Partners and Sir Richard Branson, provided new financing.