GV returned for a $120m raised by Blockchain.com and was joined by Access Industries, days after cryptocurrency Bitcoin broke through $50,000 for the first time.
UK-based cryptocurrency wallet provider Blockchain.com closed a $120m funding round on Wednesday backed by GV, an investment unit of internet technology group Alphabet, and conglomerate Access Industries.
Moore Strategic Ventures, Rovida Advisors, Lightspeed Venture Partners, Lakestar, Eldridge, private investor Kyle Bass and unnamed backers also took part in the round.
Blockchain.com provides a range of cryptocurrency services, including a wallet and exchange that supports Bitcoin and Ethereum, as well as market information and data charts.
The company has raised $190m in funding to date and the latest round was announced just days after cryptocurrency Bitcoin reached the milestone of breaking through $50,000 for one Bitcoin.
GV previously took part in a $40m round in 2017 alongside conglomerate Virgin and its founder Richard Branson, Nokota Management, Digital Currency Group, Lightspeed, Mosaic Venture Partners and Prudence Holdings.
Lightspeed, Prudence and Mosaic had already supported a $30m series A round in 2014 together with Wicklow Capital, Future Perfect Ventures and angel investors including Branson.
