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Baillie Gifford Invested $100 Million In BTC Wallet Provider Blockchain.com

One of the biggest UK asset managers Baillie Gifford invested $100 million in the BTC wallet provider Blockchain.com as we can see more in our latest Bitcoin news today. Bailie Gifford invested $100 million into Blockchain.com and according to the provider’s CEO Peter Smith, the company expects to go public in the near future. The asset manager invested about $100K into Blockchain.com and this makes the Edinburgh-based company the biggest shareholder in the crypto company. The investment hasn’t been disclosed before and it is a part of Blockcahin.com’s $300 million Series C funding round which was announced a month ago.…

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Baillie Gifford Invests $100 Million In Blockchain.com

110-year-old asset management firm Baillie Gifford has invested $100 million in bitcoin wallet, exchange and explorer tool Blockchain.com. The CEO and cofounder of cryptocurrency wallet and exchange service provider Blockchain.com, Peter Smith, has announced that investment management company Baillie Gifford contributed $100 million to its $300 million funding round held in March. Per the announcement, the 110-year-old asset management firm became the largest single investor in the history of Blockchain.com. Additionally, Blockchain.com is one of the first cryptocurrency companies that Baillie Gifford has invested in. According to Smith, the investment is “a validation that a balanced and diversified retail/institutional business…

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