Market Cap: $3,363,512,843,742
24h Vol: $68,523,822,230
Cryptocurrencies: 26585
Markets: 104250
Cryptocurrencies: 26585
Markets: 104250
Market Cap: $3,363,512,843,742     
24h Vol: $68,523,822,230
cryptonews 2022-12-08 20:00:00

Bitcoin Infrastructure Firm Blockstream Seeks Fresh Funds at 70% Lower Valuation Than in 2021

Bitcoin Infrastructure Firm Blockstream Seeks Fresh Funds at 70% Lower Valuation Than in 2021
The Bitcoin-focused development and infrastructure firm Blockstream is seeking fresh funds at a valuation that “may be below $1 billion,” or about 70% lower than its most recent funding round in 2021, according to a Bloomberg report. Blockstream’s valuation has likely been impacted by the collapse of crypto exchange FTX, as well as the generally bearish sentiment in the bitcoin and crypto markets, the report said, citing “people familiar with the matter.”... Read More: Bitcoin Infrastructure Firm Blockstream Seeks Fresh Funds at 70% Lower Valuation Than in 2021
esptco-banner img
Latest News

Videos

  • Ethereum Vs Bitcoin: Everything you need to know with Similarities & Differences!

  • What is Basic Attention Token (BAT)? (EXPLAINED)

  • Ripple XRP: What is Ripple XRP? EXPLAINED!

  • Future Of Cryptocurrency: What Are Your thoughts On Future of Cryptocurrency? Explained By Cryptela

Our Partners

Hashing Ad Space
Inbound Junction
Magic Logix
Asimi
Crypto Marketing Agency, FINPR
Chainwire