Deal date

KANDO id: 1022036

Financial Transaction:

Series B


BlockFi


Currency
United States Dollar
Value in original currency
30,000,000
Value in USD
30,000,000

Lead investor

Country Notes

Valar Ventures Management LLC

(Valar Ventures)
Venture capital firm investing in high-margin, fast-growing financial technology companies across the globe.

Round participants

Country Notes

Akuna Capital

United States Follow-on investment.

Arrington XRP Capital Fund LP

USD 100 million cryptocurrency hedge fund denominated in XRP, the digital currency developed by enterprise blockchain global payments company Ripple.
United States Initial investment.

Avon Ventures

United States Follow-on investment.

Castle Island Ventures

Venture capital firm focused exclusively on public blockchains.
United States Initial investment.

CMT Digital Holdings LLC

Crypto asset trading, blockchain technology investments, and legal/policy engagement in the crypto asset / blockchain technology industry.
Follow-on investment.

HashKey Capital

Institutional asset manager investing exclusively in blockchain technology and digital assets.
Hong Kong SAR China Initial investment.

Kenetic Capital

Venture capital fund investing in equity of Series A / B blockchain technology companies.
Hong Kong SAR China Initial investment.

Morgan Creek Digital Assets LLC

United States Follow-on investment.

PJC

Early-stage venture firm focused on investing in, supporting, and building relationships with entrepreneurs who are creating the future.
United States Follow-on investment.

Purple Arch Ventures

AVG fund for Northwestern alums.
United States Initial investment.

Winklevoss Capital Management LLC

Follow-on investment.