Blockstream

Blockstream is the global leader in Bitcoin and blockchain technology on a mission to create the financial infrastructure of the future.

Blockstream builds crypto-financial infrastructure based on Bitcoin, the most robust and secure blockchain.

Blockstream was co-founded by in 2014 by Adam Back, Gregory Maxwell and Austin Hill. The company is headquartered in Montreal, QC, with offices and staff worldwide.

 

Blockstream’s sidechain technology (Liquid Network) enables trustless Bitcoin swap settlements and secure, dependable smart-contracts while empowering financial institutions to tokenize assets. Blockstream Mining provides colocation services to miners, across multiple enterprise-class mining facilities.

 

Blockstream’s Core Lightning implementation of the open Lightning Network protocol is the go-to code for enterprise Lightning Network deployments on Bitcoin. Blockstream Jade is an easy-to-use, open-source hardware wallet that offers advanced security for Bitcoin and Liquid assets. Blockstream Green is the world’s most advanced consumer Bitcoin wallet.

 

Blockstream is one of the world’s largest bitcoin mining operators with over 500 Megawatts in its development pipeline. Blockstream will also expand its renewable energy mining products, and continue developing its own bitcoin miner.

 

Blockstream is backed by Baillie Gifford, Horizons Ventures, Kingsway Capital, Mosaic Ventures, DG Lab Fund, Khosla Ventures, iFinex, AXA Venture Partners, Fulgur Ventures, Cohen & Company Capital Markets, and others. The company raised $125M in a Debt financing on Jan 24, 2023. This brings Blockstream's total funding to $436M to date. Blockstream was valued at CAD$4B ($3.2B) when the company raised a $210M Series B in Aug 2021.

 

 

  • Year founded: 2014
  • Funding Info: $436M over 6 Rounds (Latest Funding Type: Convertible Debt)
  • Yearly Revenue: NA
  • Employee Size: 51-200
  • Business Valuation: Valued at CAD $4B ($3.2B) as of August 24, 2021
  • City/Town: Montreal
  • State: Quebec
  • Country: Canada
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