Blockchain.com today announced a $110M first close of its Series E strategic financing. Led by Kingsway Capital, the financing includes major participation from Baillie Gifford, Lakestar, LSVP, GV, Access Industries, Moore Capital, Prudence, Freeman Capital, Coinbase Ventures, Pledge Ventures and many more. 

As part of today’s announcement, we are excited that Manny Stotz, Founder and CEO of Kingsway as well as a longtime crypto investor and expert, and Nicolas Brand, Partner at Lakestar, have joined the Blockchain.com Board of Directors. Blockchain.com has earned its longevity - and the trust of investors - by remaining one of the most stable players in the space, largely thanks to our experienced leaders. We’re thrilled that Manny and Nicolas will join the helm of the company. 

One of the World's Most Trusted and Earliest Crypto Platforms

Blockchain.com is the leading global crypto infrastructure platform for consumers and institutions. Our revenue has grown approximately 1500% over the last four years, which is significantly greater than the 275% growth of the global crypto market over that same time period. Nearly 33% of all Bitcoin transactions have been sent or received by a Blockchain.com-managed wallet. As the crypto market continues to evolve, Blockchain.com is poised to cement its role in driving crypto adoption and shaping the future of finance. 

Since its inception in 2011, Blockchain.com has earned the trust of more than 90 million wallets and over 40 million verified users, facilitating over $1 trillion in crypto transactions. The company maintains licenses across global jurisdictions, ensuring regulatory compliance in key markets.

About Manny Stotz, Founder and CEO of Kingsway Capital

Kingsway Capital is an investment firm founded by Manny Stotz with $5 billion in assets under management. Kingsway’s differentiated strategy is to approach the digital asset space through the lens of emerging markets, where adoption is much higher – and the potential impact is much greater – than in the developed world. Manny has a degree in Economics from the London School of Economics where he was awarded the “Stelios” Scholarship as well as the German National Merit Award. He started his career at Goldman Sachs Investment Partners and became a Partner at London-based THS before starting Kingsway in 2013. Manny serves on the Board of the Sohn Conference Foundation London, created the London School of Economics “Pass The Torch” Scholarship program for underprivileged students, and has focused his additional philanthropic efforts on financial freedom and empowerment. 

About Nicolas Brand, Partner at Lakestar 

Nicolas invests in and builds businesses at the intersection of finance, blockchain and technology. He has spent the last 20 years in the finance industry, leads Lakestar’s fintech coverage and provides a forward looking view on where finance is headed. Nicolas takes a uniquely holistic perspective on finance, combining a deep appreciation of the macroeconomic, regulatory and geopolitical aspects of finance with a detailed understanding of the emerging technologies that shape finance overall. He spends most of his time across the European technology hubs to source and grow the next generation of fintech and blockchain investments.