U.S. Markets closed
  • S&P Futures

    4,158.00
    -25.50 (-0.61%)
     
  • Dow Futures

    34,583.00
    -85.00 (-0.25%)
     
  • Nasdaq Futures

    13,205.50
    -151.25 (-1.13%)
     
  • Russell 2000 Futures

    2,186.20
    -23.40 (-1.06%)
     
  • Crude Oil

    64.56
    -0.36 (-0.55%)
     
  • Gold

    1,837.50
    -0.10 (-0.01%)
     
  • Silver

    27.42
    -0.07 (-0.26%)
     
  • EUR/USD

    1.2136
    +0.0001 (+0.0121%)
     
  • 10-Yr Bond

    1.6020
    +0.0250 (+1.59%)
     
  • Vix

    19.66
    +2.97 (+17.80%)
     
  • GBP/USD

    1.4119
    -0.0003 (-0.0184%)
     
  • USD/JPY

    108.9280
    +0.0870 (+0.0799%)
     
  • BTC-USD

    55,756.64
    -2,949.26 (-5.02%)
     
  • CMC Crypto 200

    1,461.10
    -100.20 (-6.42%)
     
  • FTSE 100

    7,123.68
    -6.03 (-0.08%)
     
  • Nikkei 225

    28,855.24
    -663.10 (-2.25%)
     

UK Asset Manager Baillie Gifford Invests $100M in Blockchain.com

Jamie Crawley
·1 min read

Baillie Gifford, one of the U.K.’s most prominent asset managers, has invested $100 million in crypto exchange and wallet provider Blockchain.com.

  • A blog by Blockchain.com CEO and co-founder Peter Smith on Tuesday said this is the largest single investment in the startup to date.

  • Baillie Gifford is a 110-year old asset management firm headquartered in Edinburgh with $445.3 billion in assets under management (AUM). It was an early investor in such tech giants as Tesla, Google and Amazon.

  • This is one of Baillie Gifford’s first such investments in a company in the crypto space, according to Smith.

  • It also follows less than a month after Blockchain.com raised $300 million in a Series C funding round led by DST Global, Lightspeed Venture Partners and VY Capital, which valued the company at $5.2 billion.

See also: Blockchain.com Crypto Wallet Outage Affects ‘Large Number’ of Users

Related Stories