Blockstream secures major Series B led by Baillie Gifford

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By CPE News

CPE News (8/23/2021) – Blockstream has closed $261 million Series B round of financing led by Baillie Gifford with participation of iFinex Inc., Digital Garage, Inc. (TSE: 4819) and UK and US investors.

Founded in 2014, Montreal and Mountain View, California based Blockstream has been the 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 AMD Cloud Ventures, AXA Strategic Ventures, Blockchain Capital, Digital Currency Group, Future\Perfect\Ventures, Horizons Ventures, East Ventures, Khosla Ventures, Mosaic Ventures, Real Ventures, Seven Seas Ventures.

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