Fireblocks Hits $2B Valuation In Latest Financing Round

By Emma Whitford (July 27, 2021, 3:06 PM EDT) -- Fireblocks, a New York technology startup that provides cryptocurrency services to banks, traditional financial institutions and financial technology companies, said Tuesday it raised $310 million in a Series D round led by five firms, boosting its valuation to $2 billion.

The round was co-led by Sequoia Capital, Spark Capital, DRW Venture Capital and SCB 10X, the venture arm of Siam Commercial Bank of Thailand, as well as software and consumer-focused investor Stripes, the company said. Stripes also co-led Fireblocks' $133 million Series C, which closed in March.

Fireblocks has raised a total of $489 million since its founding in 2019, the...

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