Blockchain.com
Blockchain.com is a cryptocurrency financial services company whose products include a crypto exchange, wallet services, institutional trading and lending; it is one of the oldest companies in the crypto industry.
Contents38 sections
Key facts
2011Founded as Blockchain.info
In its own account of its history, the company states that its story began in 2011, when it was established as Blockchain.info, and that the website was registered on October 15, 2011; it treats that day as its anniversary and marked its 12th birthday on October 15, 2023. The platform started as a simple block explorer for the BitcoinBitcoinBitcoin (common symbol BTC) is an open peer-to-peer electronic cash protocol, network, and native digital asset. Full nodes independently verify transactions and blocks according to the consensus rules; transactions are recorded as UTXOs, and blocks are organized into a public ledger through proof of work. Bitcoin is not issued or managed by any single institution, but using, holding in custody, and trading it still involve key, privacy, market, and legal risks.Open the full entry blockchain and began in York, United Kingdom, as an open-source project. One sentence of the retrospective is in the first person: “Co-founded by Ben Reeves, Peter Smith and myself, Nic Cary.”[1]
CoinDeskCoinDeskCoinDesk is a cryptocurrency media, events, index, and data company founded in 2013 and headquartered in New York. Its businesses include the CoinDesk news website, the annual crypto industry conference Consensus, and the CoinDesk Indices index business. In November 2023, the digital asset exchange Bullish acquired CoinDesk from Digital Currency Group, and CoinDesk has since operated as an independent subsidiary of Bullish.Open the full entry wrote in February 2014 that Blockchain was a one-man operation started by British developer Ben Reeves until the summer of 2013, when the team expanded; its October 2014 article dated the company’s beginning to August 2011 and described it as a one-man operation until the spring of 2013 that had only a handful of employees as recently as seven months earlier.[2][3]
April 2012iOS Wallet App Launches
Blockchain’s iOS app launched in April 2012. AppleAppleApple is a public technology company founded in 1976 and headquartered in Cupertino, California, United States. Its business includes the iPhone, Mac, iPad, wearables, and services such as digital content, payments, and cloud storage. The company builds its product system through in-house hardware, operating systems, and services.Open the full entry rejected the initial submission and approved the app after changes to its interface and user experience.[2]
2013Team Expansion and Wallet Growth
Evelyn Partners’ profile of Nicolas Cary states that he co-founded Blockchain.com in 2013, after six years at the customer relationship management company PipelineDeals.com. He met his co-founder online, and the two later moved to York, United Kingdom.[4]
The company had about 110,000 wallet accounts at the beginning of 2013, 500,000 by the end of October that year and more than one million by the end of the year. By February 2014 the team consisted of 14 people on at least three continents.[3][2]
Fortune’s 2023 profile of Changpeng ZhaoChangpeng ZhaoChangpeng Zhao (commonly abbreviated CZ) is a Canadian entrepreneur and the founder and former chief executive officer of Binance. He entered the Bitcoin industry with a background in trading-systems engineering and founded Binance in 2017; in 2023 he pleaded guilty in the United States to failing to maintain an effective anti-money-laundering program and resigned, personally bearing a $50 million criminal fine and a $150 million CFTC civil penalty, while Binance as a company separately bore billions of dollars in criminal and regulatory settlements; he served four months in prison in 2024 and received a U.S. presidential pardon in 2025. Since then he has mainly been involved in education, investment, and advisory work on digital asset policy.Open the full entry states that he was introduced to cryptocurrencies at a late-night poker game in 2013, then left Fusion Systems, the software firm he had co-founded, and joined Blockchain.info as head of technology; one year later he was hired as chief technology officer of OKCoin.[5]
December 2013Acquisition of ZeroBlock
In December 2013 Blockchain.info acquired ZeroBlock LLC, the company behind the mobile app ZeroBlock. The price was not disclosed and the deal was done entirely in bitcoin. ZeroBlock, released in the summer of 2013, combined live bitcoin exchange data with news and charts; its developer, Dan Held, joined Blockchain as a product manager. Nicolas Cary was the company’s chief executive at the time.[6]
February 2014Apple Removes the Wallet App
In early February 2014 Apple removed the Blockchain wallet app from the iOS App Store, and the company’s desktop app was also removed from the Mac App Store. The app had been available on the iOS App Store for over two years, had been downloaded more than 120,000 times and was the only native bitcoin wallet app available to users of Apple mobile devices. Apple gave no explanation beyond an email to the developer that referred to “an unresolved issue.”[2][7]
In a statement Blockchain accused Apple of anti-competitive and capricious App Store policies and wrote that “The only thing that has changed is that bitcoin has become competitive to Apple’s own payment system”; it said the decision attacked a nascent and innovative technology that was empowering more than 2.5 million users. The company also intended at the time to spin the wallet business into a separate commercial entity called Blockchain.com.[2]
July 2014Wallet App Returns to the App Store
In July 2014 a redesigned Blockchain iOS wallet returned to the App Store. The company said the new app had been “rebuilt from the ground up” to improve security and usability, and described itself as the first major Bitcoin company to have its app reinstated in the App Store that year.[8]
October 2014$30.5 Million Series A
In October 2014 Blockchain closed a $30.5 million Series A round co-led by Lightspeed Venture PartnersLightspeed Venture PartnersLightspeed Venture Partners backs companies from seed through late-stage financing. Its website distinguishes Lightspeed Management Company (LSVP) from Lightspeed India Partners (LSIP): the two are separately operated investment advisers, with the U.S., European, and Israeli offices belonging to LSVP and the India and Southeast Asia offices belonging to LSIP.Open the full entry and Wicklow Capital, with Mosaic Ventures, Prudence Holdings and Future Perfect Ventures participating alongside angel investors including Rafael Corrales of CRV, Amit Jhawar of Braintree and Nat Brown. It was the company’s first outside capital; until then it had been bootstrapped by founders including Roger Ver, who remained with the company at the time. Under the arrangements made public with the round, Lightspeed partner Jeremy Liew was to take a seat on the board. Blockchain planned to use the money to grow its product and engineering teams and to expand and invest in developing markets.[3]
When the round closed the company had 2.3 million wallet accounts, a total of $26 billion in transaction volume and a total of 21 employees in various locations around the world; CoinDesk identified Nicolas Cary as founder and chief executive and Peter Smith as president. The company managed the domain name bitcoin.com, which it used to introduce bitcoin to newcomers.[3]
October 2016DNS Hijacking
In October 2016 Blockchain.info’s domain name system (DNS) was hijacked: an attacker breached the systems of the company’s DNS registrar, gained access to the company’s accounts there and changed its DNS servers, while the company itself was not directly attacked; some users could not reach the website and others were sent to an unrelated website. The company said its internal systems alerted the infrastructure team within minutes and that it shut the platform down to investigate; the registrar regained control manually and reversed the changes, and the site was restored once the company had confirmed that its own systems were not compromised. Chief executive Peter Smith apologized for the disruption.[9]
June 2017$40 Million Series B
In June 2017 Blockchain raised a $40 million Series B round led by LakestarLakestarLakestar is a technology investment firm founded by Klaus Hommels in 2012, active in early-stage and growth investing and defence and dual-use technology.Open the full entry, with GV, Nokota Management and Digital Currency GroupDigital Currency GroupDigital Currency Group (DCG) is a crypto asset investment and holding company headquartered in Stamford, Connecticut, founded by Barry Silbert in 2015. It invests in blockchain startups with permanent capital and owns subsidiaries including the digital asset manager Grayscale. In 2022, its crypto lender Genesis suffered losses after major client Three Arrows Capital defaulted and filed for bankruptcy the following year, leaving DCG and Silbert facing a lawsuit by the New York Attorney General, an SEC penalty, and multiple civil suits.Open the full entry participating alongside existing investors Lightspeed Venture Partners, Mosaic Venture Partners, Prudence Holdings, Virgin and Richard BransonRichard BransonRichard Branson is a British entrepreneur and founder of Virgin Group. Beginning with a youth magazine and mail-order records, he expanded into aviation, leisure, telecommunications, finance and commercial spaceflight. He also founded Virgin Unite and is known for ballooning expeditions and his 2021 suborbital flight.Open the full entry. The company said it managed more than 14 million wallets and that its block explorer, Blockchain.info, had around 100 million page views per month. It stated that it could not see users’ balances or transactions, since users kept their own keys, and it partnered with exchanges so that users could buy bitcoin directly in the wallet.[10]
October–November 2018: Regulatory Hire and Stellar Airdrop
In October 2018 Blockchain hired Ben Melnicki, formerly chief compliance officer of Noble Bank, as global regulatory counsel, working with president and chief legal officer Marco Santori. Melnicki described the company’s primary product at the time as a non-custodial wallet.[11]
On November 6, 2018, Blockchain announced that it would distribute $125 million worth of StellarStellarStellar is an open payment and asset-issuance network launched by Jed McCaleb and Joyce Kim in July 2014. Its native asset is the lumen (XLM). Using the Stellar Consensus Protocol's federated Byzantine agreement model, it connects financial institutions, anchors, stablecoins and cross-border payments. Soroban smart contracts were introduced in 2024.Open the full entry lumens (XLM), nearly half a billion tokens, to wallet holders who signed up, with the first batch of recipients due to receive tokens within the week. Stellar was the first partner in the airdrop program the company had announced the previous month. The company called it the “largest crypto giveaway in history.” Jed McCalebJed McCalebJed McCaleb is a programmer and serial entrepreneur, and a co-founder of Stellar and the Stellar Development Foundation. Before that he was involved with eDonkey, Mt. Gox, and Ripple; in 2014 he launched Stellar with Joyce Kim, and he later also invested in Vast and the Astera Institute.Open the full entry, co-founder of the Stellar Development Foundation, said Blockchain had almost 30 million wallets.[12]
July 30, 2019Launch of The PIT Exchange
On July 30, 2019, Blockchain opened registration for The PIT, its first cryptocurrency exchange. The PIT is a custodial exchange that can connect to the company’s non-custodial wallets for nearly instant transfers; its matching engine sits in the Equinix LD4 data center in London, and Tom Haller, previously chief software architect for trading systems at the New York Stock ExchangeNew York Stock ExchangeThe New York Stock Exchange is a securities exchange on Wall Street in New York City. It traces its origins to the Buttonwood Agreement signed by 24 stockbrokers in 1792, has used its present name since 1863 and has been owned by Intercontinental Exchange since 2013.Open the full entry, contributed to its development. Up to 26 assets were to be rolled out over the following two weeks. Nicole Sherrod, the company’s head of retail products, had previously worked at TD Ameritrade. Nearly 40 million Blockchain wallets had been created by then.[13]
March 2020Bitcoin-Backed Borrowing
In March 2020 Blockchain introduced borrowing for wallet users: a user locks bitcoin held in the wallet as collateral and receives USD PAX, a stablecoin pegged to the U.S.United StatesThe United States is a federal country in North America made up of 50 states, the District of Columbia as the seat of government, and territories such as Puerto Rico and Guam; its capital is Washington, D.C. The Continental Congress adopted the Declaration of Independence on July 4, 1776. The 2020 census (April 1, 2020) counted a resident population of 331,449,281, and the 435 seats of the House of Representatives are apportioned among the states on the basis of the census.Open the full entry dollar. The minimum loan was $1,000 and the collateralization ratio 200%, with the interest rate disclosed before the borrower accepts; only bitcoin was accepted as collateral, and users in the United States, Canada and the United Kingdom were not eligible at the time. The company had set up a lending desk for institutional investors in August 2019.[14]
February 2021$120 Million Round
In February 2021 Blockchain.com raised $120 million from investors including Moore Strategic Ventures, Kyle Bass, Access Industries, Rovida Advisors, Lightspeed Venture Partners, GV, Lakestar and Eldridge, bringing the total raised since its creation to more than $190 million. The company said people had created 65 million wallets on its website and mobile apps and that 28% of bitcoin transactions since 2012 had been sent or received by a wallet it managed.[15]
March 10, 2021Jim Messina Joins the Board
On March 10, 2021, Peter Smith announced on the company’s blog that Jim MessinaJim MessinaJim Messina is an American Democratic political adviser who spent years on the staff of Montana Senator Max Baucus, served as White House deputy chief of staff from 2009 to 2011, and managed Barack Obama’s 2012 reelection campaign. He then founded the strategic consulting firm The Messina Group (renamed Fortius Global in October 2026), which provides campaign and strategic advice to political parties in several countries, including the UK Conservative Party, and to companies.Open the full entry would join Blockchain.com’s board of directors. Jim Messina was Barack ObamaBarack ObamaBarack Obama (born 1961) is an American politician and lawyer who served as the 44th president of the United States from 2009 to 2017, the first African American to hold the office. He was previously an Illinois state senator and a U.S. senator from Illinois, and he received the Nobel Peace Prize in 2009.Open the full entry’s campaign manager in 2012 and served as White House deputy chief of staff. In the same post Smith wrote that the company had recently hired Lane KasselmanLane KasselmanLane Kasselman is an American business executive and communications and public affairs adviser who led communications and public affairs for the Americas at Uber and later co-founded the crisis communications firm Greenbrier with Matt McKenna. He became chief business officer of the cryptocurrency company Blockchain.com in 2021, later its president, and since November 2025 has served as co-CEO alongside founder Peter Smith.Open the full entry as its first chief business officer. The company said at the time that it handled roughly 30% of all bitcoin transactions.[16][17]
March 24, 2021$300 Million Series C
On March 24, 2021, Blockchain.com announced a $300 million Series C round at a post-money valuation of $5.2 billion, led by partners of DST GlobalDST GlobalDST Global is a technology investment firm founded by Yuri Milner in 2009 that focuses on growth-stage investments in internet companies worldwide; it has invested in companies including Facebook, Twitter, Alibaba, JD.com, Airbnb and Spotify, and in 2026 led the US$400 million Series B round of the AI visual content company Higgsfield.Open the full entry, Lightspeed Venture Partners and Vy Capital, with existing investors also taking part. The company then had 31 million users who had verified their identity, and its active users had tripled over the previous 12 months. Chief executive and co-founder Peter Smith wrote that “Blockchain.com is highly profitable across each of our business lines.”[18]
The Evelyn Partners page on Nicolas Cary, which mentions this round, states that the company’s board included Anthony Jenkins, formerly of Barclays, and Arthur Levitt, a former chairman of the U.S. Securities and Exchange CommissionU.S. Securities and Exchange CommissionThe U.S. Securities and Exchange Commission is the federal securities regulator of the United States. Created during the Great Depression by the Securities Exchange Act of 1934 and led by five commissioners, it has a three-part mission of protecting investors, maintaining fair, orderly and efficient markets, and facilitating capital formation.Open the full entry, and that the company had over 72 million wallets in use and had managed over $620 billion in transactions since 2013.[4]
January 2022Tom Horton Becomes Lead Independent Director
In January 2022 Tom Horton joined Blockchain.com’s board as lead independent director. Horton was also lead independent director of WalmartWalmartWalmart is an American retailer founded by Sam Walton in 1962, with businesses spanning physical retail, membership warehouse clubs, e-commerce and related services. Its businesses include Walmart and Sam’s Club, and it has expanded into other markets through international investments; its shares trade on Nasdaq under the ticker WMT.Open the full entry and General ElectricGE AerospaceGE Aerospace is the name under which General Electric Company operates, a jet engine maker listed on the New York Stock Exchange under the ticker GE.Open the full entry; he had been chairman and chief executive of American Airlines, where he had earlier been chief financial officer, and had also been chief financial officer of AT&TAT&TAT&T (AT&T Inc.) is a telecommunications company headquartered in Dallas, Texas. Its predecessor was SBC Communications, a regional holding company created in the 1984 breakup of the Bell System; SBC merged with the original AT&T Corp. in 2005 and adopted its name, and it has since operated a nationwide wireless network and fiber broadband, at one time also owning DIRECTV and WarnerMedia.Open the full entry. Marcie Vu, formerly head of consumer internet banking at Morgan StanleyMorgan StanleyMorgan Stanley is an American global financial services firm that grew from an investment banking partnership into a publicly traded financial group spanning investment banking, securities trading, wealth management, and investment management.Open the full entry, had recently joined the board as well. The company had by then raised a total of $537 million; Peter Smith said the initial public offering it was planning could take place in the near to medium term, and the company intended to launch an NFT marketplace and expand internationally in the new year.[19][20]
The company’s post announcing the appointment looked back on 2021: its consumer business reached 37 million verified users, institutional trading and loan origination exceeded $10 billion, and the company acquired four companies, moved its U.S. headquarters to Miami, doubled its team and expanded into Latin America.[20]
March 2022Acquisition of Altonomy’s OTC Desk
In March 2022 Blockchain.com acquired the over-the-counter (OTC) trading desk of Altonomy; terms were not disclosed, and 26 Altonomy employees moved to Blockchain.com. Altonomy specialized in altcoins, and its OTC desk matched buyers and sellers of hard-to-move assets; Altonomy had handled more than $16 billion in spot OTC trades the previous year, while Blockchain.com saw $10 billion in total activity across all its institutional crypto business lines, OTC included, in the same period. Dan Bookstaber, Blockchain.com’s vice president of markets, said that Altonomy worked with more than 1,000 clients, that only the desk was transferred and that its core systems had already been integrated with the company’s existing OTC business.[21]
March 2022Withdrawal of the UK FCA Registration Application
In March 2022 Blockchain.com withdrew its registration application to the UK Financial Conduct Authority (FCA). It had been on the FCA’s temporary register, which allowed it to keep operating in the United Kingdom while awaiting a final decision; the register’s deadline was March 31, 2022, by which firms had to stop trading or be approved under the FCA’s anti-money-laundering regime. The Block learned from a person familiar with the matter that the company had decided to register its business in Lithuania, the United States and Ireland instead and was seeking approval in Germany, moves first made because of regulatory uncertainty linked to Brexit. Earlier in March the company informed UK customers through its app that a new legal entity, the Lithuanian subsidiary Blockchain (LT) UAB, would serve them. The company employed about 100 people in its London office at the time.[22]
March 2022$14 Billion Valuation in Series D
At the end of March 2022 Blockchain.com reached a valuation of $14 billion in a Series D round led by Lightspeed Venture Partners with major participation from Baillie GiffordBaillie GiffordBaillie Gifford is an investment management firm headquartered in Edinburgh, Scotland, with a history dating to 1908. It is owned and operated by its working partners. Its businesses cover equities, fixed income, multi-asset and private growth investments, with a focus on holding growth companies for the long term.Open the full entry; the amount raised was not disclosed. Edinburgh-based Baillie Gifford had invested $100 million in the company in April of the previous year. BloombergBloomberg L.P.Bloomberg L.P. is a global financial technology, data and media company founded by Michael Bloomberg in 1981. It began by providing terminal services that deliver data, analytics and news to financial professionals, and launched Bloomberg News in 1990. Michael Bloomberg has pledged the vast majority of the company’s profits to his philanthropic organization, Bloomberg Philanthropies.Open the full entry was first to publish the news, and a company spokesperson then confirmed the valuation to CoinDesk. The company’s website stated at the time that it had 37 million verified users and that one-third of bitcoin network transactions were conducted through it.[23]
April 2022Dallas Cowboys Partnership and Asset Management Arm
On April 13, 2022, Jerry Jones, the owner, president and general manager of the Dallas CowboysDallas CowboysThe Dallas Cowboys are a professional American football team in the National Football League (NFL), competing in the NFC East. Their home is AT&T Stadium in Arlington, Texas, and their headquarters are at The Star in Frisco. Founded by Clint Murchison Jr. and Bedford Wynne, the team was approved by the NFL as its 13th franchise on January 28, 1960. It was sold to a partnership led by Bum Bright (H.R. Bright) in 1984 and acquired by Jerry Jones in 1989. The Cowboys have won five Super Bowls: VI (1972), XII (1978), XXVII (1993), XXVIII (1994) and XXX (1996).Open the full entry, and Peter Smith announced a partnership at the team’s headquarters in Frisco, TexasTexasTexas is a U.S. state in the south-central United States, with its capital at Austin and its largest city Houston. It was admitted to the Union on December 29, 1845, as the 28th state, and the 2020 census (April 1, 2020) counted 29,145,505 residents.Open the full entry. It was the first long-term, exclusive relationship between a crypto exchange and an NFLNFLThe NFL (National Football League) is a U.S. professional American football league of 32 clubs. Founded in 1920 as the APFA and renamed in 1922, it is organized into the AFC and NFC, with the season culminating in the Super Bowl.Open the full entry team and Blockchain.com’s first national professional sports deal, and it made Blockchain.com the first crypto-related sponsor of the Dallas Cowboys. The deal covers branding, advertising, content and events but no naming rights, and AT&T Stadium keeps its name; Brooks Wallace, the company’s head of communications, said NFL rules prevented disclosure of the price and length. The NFL had announced on March 22 of that year that teams would no longer be forbidden from sponsorship contracts with blockchain-based exchanges or wallet companies.[24][25]
Also in April 2022 the company started Blockchain.com Asset Management (BCAM) in an effort to attract institutional investors.[26]
June–July 2022: Three Arrows Capital Default and Layoffs
In a letter to shareholders dated June 24, 2022, Peter Smith wrote that “Three Arrows is rapidly becoming insolvent and the default impact is approximately $270 million,” and that the company “remains liquid, solvent and our customers will not be impacted.” CoinDesk, which had reviewed the letter, made its contents public on July 8. The hedge fund Three Arrows Capital (3AC) was by then subject to a liquidation order in the British Virgin Islands; over the four years in which it had been a counterparty of Blockchain.com, it had borrowed and repaid more than $700 million worth of cryptocurrency. Earlier accounts had named Blockchain.com and the derivatives exchange Deribit among the creditors that pushed for 3AC’s liquidation. In a separate Bloomberg article Smith said 3AC had “defrauded the crypto industry” and that the company intended “to hold them accountable to the fullest extent of the law.”[25]
In July 2022 the company cut about 25% of its staff, roughly 150 people; 44% of those affected were in Argentina, more than 25% in the United States, 16% in the United Kingdom and the rest in other countries. It closed its offices in Argentina, dropped its international expansion plans and reduced the compensation of chief executive Peter Smith and other executives; severance ranged from four to 12 weeks.[27][28]
July–September 2022: New Funding Round and In-Principle Approval in Singapore
November 2022Joseph Otting Joins the Board
In November 2022 the company announced in a blog post that Joseph Otting was joining its board. Otting led the Office of the Comptroller of the CurrencyOffice of the Comptroller of the CurrencyThe Office of the Comptroller of the Currency is an independent U.S. Treasury bureau that supervises national banks and other institutions.Open the full entry as U.S. Comptroller of the Currency from 2017 to 2020 and had earlier been president of CIT Bank and OneWest Bank and held roles at U.S. Bancorp, Union Bank of California and Bank of AmericaBank of AmericaBank of America Corporation is a bank holding company headquartered in Charlotte, North Carolina, with four segments: Consumer Banking, Global Wealth & Investment Management, Global Banking and Global Markets.Open the full entry; he said he was honored to join the board and help the company navigate the regulatory landscape. Jim Messina and Tom Horton were also on the board at the time.[30]
January–March 2023: Further Layoffs and Suspension of the Asset Management Arm
In January 2023 the company said it was letting go 28% of its workforce, pointing to the difficulties the crypto industry had faced in 2022. In March 2023 it suspended the operations of BCAM; a spokesperson said that “we made the business decision to pause operating this institutional product” and noted that the crypto winter was approaching the one-year mark.[26]
August 1, 2023Major Payment Institution Licence in Singapore
On August 1, 2023, MAS granted Blockchain.com a Major Payment Institution licence, allowing it to provide regulated digital payment token services to its global institutional and accredited investor customers. In its August 7 press release the company called Singapore its Southeast Asia headquarters and stated that since 2011 it had earned the trust of more than 90 million wallets and over 40 million verified users and had facilitated over $1 trillion in crypto transactions. A month earlier it had launched Blockchain.com Pay, a white-label crypto on- and off-ramp for businesses.[29]
November 2023$110 Million Series E and SoFi Customer Migration
On November 14, 2023, Blockchain.com’s $110 million Series E round became public. It was led by Kingsway Capital, a UK-based investment management firm, with Baillie Gifford, Lakestar, Lightspeed Venture Partners, Coinbase VenturesCoinbase VenturesCoinbase Ventures invests in crypto technology and Web3, participating at the early stages of startup teams in areas including blockchain protocols, infrastructure, decentralized finance, and developer tools, and provides support through operating experience and partnership resources.Open the full entry and others participating; Manny Stotz, Kingsway Capital’s founder and chief executive, and Nicolas Brand, a partner at Lakestar, joined the company’s board after the round. Bloomberg learned from people familiar with the matter that the round valued the company at less than half of $14 billion; CoinDesk’s October 2025 article gives the valuation of this round as $7 billion and attributes the figure to Bloomberg.[28][31]
On November 29, 2023, SoFi Technologies informed customers that it was exiting the cryptocurrency business effective December 19; customers could transfer their digital assets to Blockchain.com’s platform or liquidate them. Lane Kasselman, Blockchain.com’s president, said the partnership equated to hundreds of thousands of users and hundreds of millions of dollars and had been in preparation for over a year. In some U.S. states the migration was facilitated by Bakkt, with which Blockchain.com had an agreement.[32]
February 2025New Chief Financial Officer and Chief Operating Officer
In February 2025 Blockchain.com hired Justin Evans, formerly of Goldman SachsGoldman SachsGoldman Sachs is an American financial services group headquartered in New York whose businesses include investment banking, securities trading, asset management, and wealth management. It traces its origins to the commercial paper business Marcus Goldman founded in 1869; it listed on the New York Stock Exchange in 1999 under the ticker GS and became a bank holding company in 2008. David Solomon serves as chairman and chief executive officer.Open the full entry, as chief financial officer and appointed Mike Wilcox chief operating officer; Wilcox had been chief financial officer of Velocity Global and a portfolio manager at Point72Point72Point72 is an alternative investment manager founded by Steven A. Cohen and headquartered in Stamford, United States, with equities, systematic, macro, private credit and venture capital businesses. It formally adopted the Point72 Asset Management name in 2014.Open the full entry. Evans said the company was “taking the steps necessary to be a public company, if and when the public markets are available.”[33]
May 2025Expansion in Africa
In May 2025 Blockchain.com said it would expand in African countries where crypto regulation was taking shape, focusing on Ghana, Kenya and South Africa, and planned to open a physical office in Nigeria that quarter; it called Nigeria its fastest-growing market in West Africa. Owenize Odia, the company’s general manager for Africa, said that “Applying for a crypto-exchange license in Nigeria is a top priority.”[34]
October 2025SPAC Talks and MiCA Licence in Malta
CoinDesk learned from two people with knowledge of the matter, as it wrote on October 20, 2025, that Blockchain.com had recently held talks about listing in the United States through a merger with a special purpose acquisition company (SPAC); one of them said the company had appointed Cohen & Company Capital Markets to advise on a potential deal. Blockchain.com declined to comment and Cohen & Company Capital Markets did not respond to a request for comment; it was unclear whether talks were continuing or what valuation a deal would carry.[31]
In October 2025 Blockchain.com obtained a licence in Malta under the European Union’s Markets in Crypto-Assets Regulation (MiCA), under which a firm authorized in one member state can operate throughout the 27-country bloc through a passport mechanism. A company spokesperson said Malta “will serve as the center of our European operations moving forward,” with Fiorentina D’Amore leading EU strategy from Malta. The company said it was attentive to the possibility of a U.S. public listing but did not address rumors that it was planning one.[35]
February 10, 2026Added to the UK FCA Register of Crypto Firms
On February 10, 2026, Blockchain.com was added to the UK FCA’s register of crypto firms under the trading name “BC Operations,” which allows it to carry out certain crypto-related activities in the United Kingdom subject to anti-money-laundering and counter-terrorist-financing rules. In a post on X the company wrote that “Blockchain.com is now operating under the same rigorous standards as traditional finance and banks in the U.K.”[36]
May 6, 2026Launch of SnapMarkets
On May 6, 2026, Blockchain.com launched SnapMarkets, a platform on which users stake as little as $1 on whether the price of bitcoin will rise or fall within 30-second windows, connecting a Blockchain.com wallet or another DeFi wallet; new users receive a non-custodial wallet by default. The company called it a “skill-based version of prediction markets.” The product is not available to customers in the United States or the United Kingdom. CoinDesk compared it with binary options, which are banned for retail users in the European Union and the United Kingdom; a company spokesperson said the company did not see the two as comparable.[37]
May 21, 2026Confidential Filing for a U.S. Initial Public Offering
On May 21, 2026, Blockchain.com Group Holdings, Inc. announced that it had confidentially submitted a draft registration statement on Form S-1 to the U.S. Securities and Exchange Commission for the proposed initial public offering of its Class A ordinary shares. The number of shares and the price range had not been determined, and the offering is subject to market and other conditions and to completion of the SEC’s review. In the press release the company stated that since its inception in 2011 it had earned the trust of more than 95 million wallets and over 43 million verified users and had facilitated over $1.1 trillion in crypto transactions.[38][39][40][41]
September 2026IPO Fundraising Target of About $500 Million
On September 28, 2026, Bloomberg learned from people familiar with the matter that Blockchain.com was seeking to raise about $500 million in its initial public offering at a valuation of $4 billion to $6 billion, aimed to go public by the end of 2026 and was discussing the deal with prospective investors. The company did not respond to CoinDesk’s request for comment.[42]
As of November 2026: Leadership, Board and Company Figures
As of November 2026 the company’s website lists more than 95 million wallets created, more than $1.2 trillion moved through the platform and more than 20 products. It describes the company as providing infrastructure for people, institutions and AI agents moving money on-chain and states its vision as “Greater human economic freedom.”[43]
The website lists the leadership as Peter Smith, chief executive, co-founder and executive chairman, and Nic Cary, vice chairman and co-founder; the board also comprises lead director Tom Horton, director Jim Messina, independent directors Timothy Flynn, Landon Edmond, Luis Berruga and Lisa Nelson, and investor directors Manuel Stotz and Nicolas Brand. The investors it names are Vy Capital, GV, Lakestar, Lightspeed Venture Partners, Kyle Bass, DST Global and Baillie Gifford.[43]
Products and Services
The company’s wallet was developed as open-source software, first for bitcoin and later for more cryptocurrencies and stablecoins. It is a non-custodial wallet, meaning that users control their own private keys; the company mitigates the risk of users losing access by backing up some information. The company later opened its own exchange so that wallet users could trade more easily, and it offers institutions order execution, custody, lending and OTC transactions.[15]
As of November 2026 the products listed on the website include a personal brokerage (buy, sell and swap), a wallet for DeFi, Wealth (premium investing and loans), Earn, crypto-backed loans and the Explorer, and its navigation and footer also list Exchange, Institutional and Pay.[43]
Differing Descriptions of Headquarters and Domicile
Outlets have described the company’s location differently over time. MacRumors called it a London-based company in February 2014, and Axios, in its article on Jim Messina joining the board, Blockworks, in its article on the July 2022 layoffs, and CoinDesk in February and September 2026 likewise placed it in London; CoinDesk in October 2018 and July 2022 called it Luxembourg-based; CoinDesk in March 2022 called it U.K.-based and wrote that in 2021 the company had said it would move its U.S. headquarters from New York to Miami; CoinDesk in March 2023 called it Cayman Islands-headquartered; and Bloomberg and The Block wrote in May 2026 that Blockchain.com Group Holdings Inc., the entity filing for the offering, is based in Dallas. The Evelyn Partners page states that the company has offices in New York and San Francisco. The company’s own press releases were datelined London in August 2023 and New York in May 2026.[7][17][27][36][42][11][25][23][26][41][40][4][29][38]
Related Organizations, Websites, and Public Accounts
Blockchain.com: Official website: https://www.blockchain.com/ (opens in a new window).[43]
X: Public account: https://x.com/blockchain (opens in a new window).[43]
LinkedInLinkedInLinkedIn is a social networking platform for professionals. It was founded in 2002 by Reid Hoffman and others, launched in 2003, and listed on the New York Stock Exchange in 2011; after Microsoft acquired it for approximately $26.2 billion in 2016, it became a wholly owned Microsoft subsidiary. Its revenue comes from membership subscriptions, advertising, and recruitment solutions.Open the full entry: Public profile: https://www.linkedin.com/company/blockchain/ (opens in a new window).[43]
Instagram: Public account: https://www.instagram.com/blockchainofficial/ (opens in a new window).[43]
GitHub: Public account: https://github.com/blockchain (opens in a new window).[44][43]
Sources44 sources
- 12 Years (opens in a new window)blockchain.com↑
- Apple Removes Blockchain Bitcoin Wallet Apps from its App Stores (opens in a new window)coindesk.com↑
- Blockchain to Grow Further After Closing $30.5 Million Funding Round (opens in a new window)coindesk.com↑
- Nicolas Cary (opens in a new window)evelyn.com↑
- The making of Binance’s CZ: An exclusive look at the forces that shaped crypto’s most powerful founder (opens in a new window)fortune.com↑
- Blockchain.info Acquires Bitcoin Price App ZeroBlock (opens in a new window)coindesk.com↑
- Apple Removes Bitcoin App ‘Blockchain’ From App Store (opens in a new window)macrumors.com↑
- Blockchain’s Bitcoin wallet returns to App Store after being pulled by Apple (opens in a new window)thenextweb.com↑
- Bitcoin wallet provider Blockchain.info walks through its DNS hijack hack (opens in a new window)siliconangle.com↑
- The company called Blockchain raises $40 million (opens in a new window)techcrunch.com↑
- Wallet Provider Blockchain Hires Bank Exec for Global Regulatory Push (opens in a new window)coindesk.com↑
- Crypto Wallet Firm Blockchain to Airdrop $125 Million in Stellar (opens in a new window)coindesk.com↑
- Bitcoin’s Largest Wallet Blockchain Just Launched Its First Crypto Exchange (opens in a new window)coindesk.com↑
- Blockchain (the company) lets you borrow USD PAX against collateral (opens in a new window)techcrunch.com↑
- Crypto wallet and exchange company Blockchain.com raises $120 million (opens in a new window)techcrunch.com↑
- Jim Messina to Join Blockchain.com’s Board of Directors (opens in a new window)medium.com↑
- Scoop: Jim Messina aims to shape cryptocurrency future (opens in a new window)axios.com↑
- Crypto wallet and exchange company Blockchain.com raises $300 million at $5.2 billion valuation (opens in a new window)techcrunch.com↑
- Walmart director joins board for crypto wallet company Blockchain.com (opens in a new window)theblock.co↑
- Tom Horton joins Blockchain.com’s Board as Lead Independent Director (opens in a new window)medium.com↑
- Crypto Exchange Blockchain.com Acquires Altonomy’s OTC Desk (opens in a new window)coindesk.com↑
- Blockchain.com becomes latest firm to retreat from UK regulation application (opens in a new window)theblock.co↑
- Crypto Exchange Blockchain.com Hits $14B Valuation in Lightspeed-Led Funding Round (opens in a new window)coindesk.com↑
- Dallas Cowboys’ partnership with Blockchain.com signals more mainstream crypto exposure (opens in a new window)techcrunch.com↑
- Crypto exchange Blockchain.com set to lose $270 million from lending to Three Arrows Capital (opens in a new window)fortune.com↑
- Blockchain.com to Suspend Operations of Asset Management Arm: Bloomberg (opens in a new window)coindesk.com↑
- Blockchain.com Slashes 25% of Workforce, Cuts Exec Compensation (opens in a new window)blockworks.co↑
- Blockchain.com raises $110 million in Series E funding (opens in a new window)theblock.co↑
- Blockchain.com Receives Major Payment Institution License from Monetary Authority of Singapore (opens in a new window)prnewswire.com↑
- Former Comptroller Otting joins Blockchain.com board (opens in a new window)theblock.co↑
- Blockchain.com Has Held Talks to Go Public Via SPAC Deal: Sources (opens in a new window)coindesk.com↑
- Digital Finance Firm SoFi Hands Its Crypto Business to Blockchain.com (opens in a new window)coindesk.com↑
- Blockchain.com Takes Step Towards IPO With New Executive Appointments (opens in a new window)coindesk.com↑
- Blockchain.com to Expand Across Africa as Crypto Regulation Begins to Take Shape (opens in a new window)coindesk.com↑
- Blockchain.com Gains Malta MiCA License as Company Eyes European Expansion (opens in a new window)decrypt.co↑
- Blockchain.com wins UK registration nearly four years after abandoning FCA process (opens in a new window)coindesk.com↑
- Blockchain.com launches SnapMarkets as prediction markets move into faster crypto bets (opens in a new window)coindesk.com↑
- Blockchain.com Announces Confidential Submission of Draft Registration Statement for Proposed Initial Public Offering of Class A Ordinary Shares (opens in a new window)prnewswire.com↑
- Blockchain.com files with SEC for U.S. IPO (opens in a new window)coindesk.com↑
- Blockchain.com confidentially files for US IPO as crypto firms continue public market push (opens in a new window)theblock.co↑
- Blockchain.com Files Confidentially for US Public Offering (1) (opens in a new window)news.bloombergtax.com↑
- Blockchain.com targets $500 million IPO this year at up to $6 billion valuation (opens in a new window)coindesk.com↑
- About Blockchain.com (opens in a new window)blockchain.com↑
- Blockchain.com / Blockchain.info (opens in a new window)github.com↑