founded date:
2014-08-01
hq country:
Canada
entity type:
private
status:
active
bitcoin only:
Yes
employee count:
51-200
market valuation:
US$3.2B (2021 Series B)
web url:
ceo:
Adam Back
founders:
Adam Back, Austin Hill, Gregory Maxwell, Pieter Wuille, Matt Corallo, Mark Friedenbach, Jorge Timon, Jonathan Wilkins, Alex Fowler, Erik Svenson, Francesca Hall
key leadership:
Adam Back (Co-founder & CEO), Michael Minkevich (President & COO), Michael Golomb (CFO)
related people:
Array
lead investors:
Reid Hoffman, Khosla Ventures, Real Ventures (Seed); Horizons Ventures, AXA, Digital Garage (Series A); Baillie Gifford, iFinex (Series B)
last round:
US$210M (15/10/2024)
total invested capital:
~$620M+ cumulative
founder pedigree:
Inventor of Hashcash (Adam Back)
corporate timeline:
2014: Blockstream was founded by Adam Back and Bitcoin Core developers, raising a $21M Seed round.
2016: The company raised a $55M Series A led by Horizons Ventures, AXA, and Digital Garage.
2017: Blockstream officially launched its c-lightning implementation for the Bitcoin Lightning Network.
2018: The company officially launched the Liquid Network, a Bitcoin sidechain designed for faster, confidential asset issuance and inter-exchange settlement.
2021: Blockstream launched the Blockstream Jade hardware wallet to provide open-source self-custody for Bitcoin and Liquid assets.
2021: A $210M Series B round led by Baillie Gifford and iFinex valued the company at $3.2B.
2023: The company secured $125M in convertible note financing led by Kin
gsway Capital.
2024: Blockstream raised another $210M via a convertible note led by Fulgur Ventures.
2025–2026: Blockstream structurally expanded by spinning out Blockstream Mining as an independent entity that raised over $350M, while launching its new Asset Management division.
2016: The company raised a $55M Series A led by Horizons Ventures, AXA, and Digital Garage.
2017: Blockstream officially launched its c-lightning implementation for the Bitcoin Lightning Network.
2018: The company officially launched the Liquid Network, a Bitcoin sidechain designed for faster, confidential asset issuance and inter-exchange settlement.
2021: Blockstream launched the Blockstream Jade hardware wallet to provide open-source self-custody for Bitcoin and Liquid assets.
2021: A $210M Series B round led by Baillie Gifford and iFinex valued the company at $3.2B.
2023: The company secured $125M in convertible note financing led by Kin
gsway Capital.
2024: Blockstream raised another $210M via a convertible note led by Fulgur Ventures.
2025–2026: Blockstream structurally expanded by spinning out Blockstream Mining as an independent entity that raised over $350M, while launching its new Asset Management division.
infra overview:
Global satellite network broadcasting the Bitcoin blockchain 24/7/365 to the entire planet without an internet connection..
vertical assets:
Financial Technology, Blockchain Infrastructure, Consumer Electronics, Asset Management
tech stack:
Bitcoin Core, Lightning (Core Lightning), Elements
revenue activities:
Hardware Sales, B2B Network Software, and Institutional Asset Management Services
official email:
inquiries@blockstream.com
contact phone:
+1 (514) 927-8894
contact address:
1111 Boulevard Dr Frederik-Philips, Suite 644, St-Laurent, QC H4M 2X6, Canada
x handle:
github url:
data confidence:
verified