Blockstream closes bridge finaning

CPE News Brief(10.22.2022) – Blockstream has closed a bridge round of financing with Baillie Gifford and existing investors.

In 2021, Blockstream completed major Series B financing led by Baillie Gifford.

Saint-Laurent, Québec and Mountain View, California based Blockstream is a leading provider of blockchain technologies and has remained on the forefront of work in cryptography and distributed systems.

Blockstream’s products and services form the foundations for the financial infrastructure of the future. Its suite of technologies enhances the Bitcoin ecosystem, making it easier for individuals and businesses to secure and transact their digital assets.

Blockstream’s investors also include Baillie Gifford, iFinex Inc., Digital Garage, AMD Cloud Ventures, AXA Strategic Ventures, Blockchain Capital, Digital Currency Group, FuturePerfectVentures, Horizons Ventures, East Ventures, Khosla Ventures, Mosaic Ventures, Real Ventures, Seven Seas Ventures, and others.

photo credit: TheDigitalArtist, Pixabay