The CFO of the company Macrina Kgil shared the news on her institutional blog, noting that the said figure covered only Bitcoin transactions between cryptocurrency users. It excluded the trading volume handled by the company’s exchange. She said:
The firm has also introduced additional services, including integration with its own crypto exchange, interest-bearing savings services, support for hardware wallets, and more.
According to Macrina Kgil, Blockchain.com’s success is driven by its business strategy and its ability to adapt to the changes in the industry over the years.
She noted three main drivers behind this growth – public preference, the relationship with institutional investors, and its recent brokerage and exchange business.
She stated that “An IPO is possibly 18-months or more away”.
Google (NASDAQ:GOOGL) Ventures, Lightspeed Venture Partners, DST Global, and VY Capital are among those financing the company’s growth.
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Source: Cryptocurrency - investing.com
