Last month, London-based crypto wallet and exchange operator Blockchain.com secured $300M (approx €248.9M) in its Series C round from DST Global partners, Lightspeed Ventures, and VY Capital. On Wednesday, the company announced that Baillie Gifford not only participated in that round, but invested $100M (approx €82.9M) — the largest single investment in Blockchain.com to date.
110 year-old asset management firm
Baillie Gifford is an independently owned investment management firm. It is a 110-year-old firm who were early investors in some of the biggest tech-enabled companies over the last 20 years including Tesla, Google, Amazon, and Airbnb, among others.