Google & Richard Branson help Bitcoin wallet Blockchain raise $40 million

in #bitcoin6 years ago

Cryptocurrency is the hottest trend in the world right now and is really grabbing the attention of some of the works biggest names, who are really paying attention to this space.

CNBC reported that Google and Richard Branson have just helped the Bitcoin Wallet BLOCKCHAIN raise $40 million to help expand the project to new heights.

The Blockchain platform has nearly 15 million sign-ups with “billions of dollars worth of monthly consumer wallet activity” The money will be used to expand the team further and invest in more research and development..

The financing round was led by venture capital firm Lakestar and GV, Google’s investment arm, and included billionaire Richard Branson all in the mix , really does add tremendous value to the funding of this start up.

Blockchain Wallet is one of the most popular wallets in the market place, which is easy to use and offers users a very friendly user experience.

Blockchain was founded in 2011 and now has users in 140 countries. Its last funding round came in 2014 when it raised $30.5 million. Other investors in its latest round include Nokota Management, Digital Currency Group and existing investors Lightspeed Venture Partners, Mosaic Venture Partners, Prudence Holdings, Virgin, and Richard Branson.

With backers like Google & Richard Branson now behind the Bloockchain Wallet confirms the seriousness of this platform.

It is exciting times ahead and I really loook forward too sseeeing what they have in store for the future ahead.

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