BaillieGifford Fund Invests $ 100 Million in Blockchain.com

According to reports, Peter Smith, co-founder and CEO of the Blockchain.com cryptocurrency portfolio, said venture capitalist Baillie Gifford has invested $ 100 million in Blockchain.com $ 300 million in funds Series C, which was completed in March. Baillie Gifford is a 110 year old investment firm based in Edinburgh, Scotland. Baillie Gifford was also an early investor in Tesla, Google, Amazon, and Airbnb. As of June 2020, the total cost of its administration and advisory services was £ 262 billion. As previously reported, Blockchain.com finalized in March a $ 300 million funding round led by DST Global, Lightspeed Venture Partners and VY Capital, which led the company to a $ 5.2 billion measure.