Blockchain was founded in 2011 by Ben Reeves, Nicolas Cary, Peter Smith, and Samuel Harrison. In August of 2021, CFO Macrina Kgil stated that an IPO could be "possibly 18 months or more away." These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Blockchain is one of the world's oldest cryptocurrency exchanges. In 2021, the company surpassed $1 trillion in transaction volume. It has created 81 million virtual wallets across 200 countries. The company reports that 1/3 of all bitcoin transactions are conducted on its platform. Blockchain has acquired ZeroBlock, RTBTC.com, AIX, and SeSocio.com. The company has raised nearly $500 million in venture capital funding from investors including Lightspeed Venture Partners, Vy Capital, and DST Global. The most recent round of funding was in March of 2021 and brought in $300 million, resulting in a post-money valuation of $5.2 billion.