Cryptocurrency lending firm BlockFi raises $350M on $3B valuation

Cryptocurrency lending firm BlockFi raises $350M on $3B valuation

Cryptocurrency lending firm BlockFi Lending LLC announced today it has raised $350 million in new funding on a valuation of $3 billion to add features to its product suite, accelerate expansion into new markets and provide capital for select acquisition opportunities.

The Series D round was led by Bain Capital Ventures, DST Global, Pomp Investments and Tiger Global and included Susquehanna Government Products, LLLP, Bracket Capital, Paradigm, Valar Ventures, Morgan Creek Digital, Akuna Capital, PJC, Hudson River Trading, ParaFi Capital, Jump Capital, Pacific Century Group, Gaingels, Third Prime, Kenetic, CMS Holdings, Breyer Capital, The Venture Collective and Castle Island…

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