Blockchain.com Hits Milestone of Over $1 Trillion Cryptocurrency Transactions
Blockchain.com, the world’s earliest and also most trustworthy crypto site, has passed the $1 trillion mark in cryptocurrency trades on its Wallet service, with $200 million in bitcoin moved in the past six months period. These transactions have accounted for almost 33% of all trades on the public bitcoin blockchain from 2012.
The achievement shows the increasing global acceptance of cryptocurrency and the development of real-world usage cases, as investors across the globe understand that transferring money is as simple as emailing. Blockchain.com connects the globe to the financial future.
The London and Miami-based business, with a multinational staff distributed around the globe, is by far the most trustworthy and rapidly-growing cryptocurrency enterprise, assisting millions of people across the globe in securely accessing bitcoin.
Blockchain.com is reshaping the $14 trillion financial services sector by using blockchain technology. Eldridge, GV, Kyle Bass, Lakestar, Lightspeed Venture Partners, Moore Strategic Ventures, Rovida Kruptos Assets Limited, and other prominent worldwide investors have contributed over $500 million to the company.
Retail investors (consumers), institutions, and the brokerage and exchange have all contributed to the expansion. Consumer interest has led in 76 million Blockchain.com wallets being used globally. Furthermore, Blockchain.com’s corporate market business is expanding at an accelerated pace as increasing number of asset managers introduce cryptocurrency to their customers.
“This is a huge achievement not only for us, but for the whole sector, showing the enormity of interest in cryptocurrency across the globe,” said Macrina Kgil, CFO of Blockchain.com. “Crypto has the ability to provide financial independence to both day to day people and institutions. For the last decade, our staff has worked diligently to advance the acceptance of cryptocurrency, and this landmark is a tribute to their efforts. It’s not too late to get started with cryptocurrency.”
The achievement builds on the impetus of one of the rapidly-growing cryptocurrency companies. Blockchain.com is reaching a tipping point in its development, with a $5.2 billion value and over $500 million in venture investment from the world’s greatest macro investors. The firm now has 32 million validated customers more than 200 countries that utilize its products, which include its famous non-custodial Wallet, the quickest Exchange for trading, a block Explorer to verify transactions, and a specialized Institutional Markets service.