On October 15 news, Fortune magazine quoted Blockchain.com president Nicolas Cary as saying that the crypto platform’s revenue so far this year has exceeded 1.5 billion U.S. dollars. This figure lags behind its competitors, and Coinbase achieved $2.23 billion in revenue in the second quarter alone. In March, Blockchain raised US$300 million at a valuation of US$5.2 billion and has raised a total of US$537 million so far. Its valuation is approximately one-tenth of Coinbase’s current market value of $54.8 billion.
