On Monday, the mining firm Griid Infrastructure announced the company has secured a $525 million credit facility from the crypto firm Blockchain.com. According to the announcement, the credit facility will be a four-year term in order to increase the company’s mining capacity.
Bitcoin Mining Infrastructure Firm to Increase Capacity With Help From Blockchain.com
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Gold-verified users of Blockchain.com exchange in over 150 countries will now be able to trade Bitcoin with up to 5x leverage. Bitcoin (BTC) wallet and exchange platform Blockchain.com has announced the introduction of margin trading services. In a blog post issued on Tuesday, Blockchain.com stated that Bitcoin margin trading had been a regular request from users…
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This week Blockchain.com CFO Macrina Kgil discussed how the company has surpassed $1 trillion in cryptocurrency transactions and the company may go public with an initial public offering (IPO) in 2023. The cryptocurrency firm is one of the oldest in the industry and Kgil explained that 76 million Blockchain.com wallets have been created since the…
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Crypto exchange Kraken and stablecoin-focused company Circle have also said they are considering public listings. Macrina Kgil, chief financial officer of crypto wallet provider and exchange Blockchain.com, said an initial public offering for the platform could happen as early as 2023. In a Forbes interview released on Monday, Kgil said Blockchain.com could consider an initial…
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Blockchain.com is continuing its institutional pivot with the new cash injection. Popular crypto wallet and data provider Blockchain.com announced on Wednesday that it has raised a $120-million funding round that follows its earlier Series B round for $40 million. Several notable macro investment funds joined the round, including Moore Strategic Ventures, Access Ventures, Rovida Advisors,…
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Verady will integrate ALGO onto its crypto taxation platform Ledgible. Crypto tax provider Verady has announced a partnership with Algorand (ALGO) to offer integrated accounting to ALGO holders. Verady also revealed that its technology is being used by Algorand and Blockchain.com for their internal accounting and auditing. Verady integrates ALGO into tax platform Speaking to Cointelegraph, Verady’s…
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