London-based Cryptocurrency firm Blockchain.com raised $300 million in its latest funding round at a valuation of $5.2 billion, according to Reuters.

  • Investors in the latest round include DST Global, Lightspeed Venture Partners, and VY Capital.
  • The firm in February said it raised $120 million, with investments from Alphabet Inc.’s venture capital unit.
  • Blockchain.com services include digital wallets for storage of cryptocurrencies. It also offers retail trading and other services for larger investors.
  • Bitcoin surged to a record close to $62,000 this month, gaining attention from mainstream firms and investors. Valuations of related companies have also ballooned.