American citizens in Florida can now legally buy and sell Bitcoin and other cryptocurrencies through Blockchain.com.
Blockchain.com is now available, it announced on Wednesday 25 that it has received approval for a money transmission license from the State. Which means that users in Florida, United States can legally buy and sell Bitcoin and other cryptocurrencies on their web and mobile platform.
More than 22 million Florida residents in the United States will benefit from this moment. The exchange that opened on Wednesday allows users to trade cryptocurrencies such as Bitcoin, Ethereum, Dogecoin, and dozens of other cryptocurrencies.
“Blockchain.com is now available to the citizens of Florida, it has always been present and the reason is that customers trust us because we are a reliable, secure and protected provider with great support”. Blockchain.com CEO and co-founder Peter Smith said in an interview.
The Blockchain.com company has raised more than $100 million in funding from leading investors worldwide. Among those that stand out: Bass, Lightspeed Venture Partners, Lakestar, Rovida Kruptos Asset Limited, Eldridge, GV, among others.
Blockchain.com and its growth in the United States
Blockchain.com is not a new platform in the world of cryptocurrencies. The company has a long history in the United States. Where it stands out its great influence on the labor market through the creation of numerous jobs.
On June 3, the company announced that it would move its headquarters located in New York to Miami. Carrying out aggressive hiring and investment targets in the local Miami community.
The company will benefit from the talent pool in the city and will support the local labor market with plans to hire more than 100 full-time employees by the end of 2021 and another 200 more during 2022. In addition, it will support the environment of local cryptocurrencies supporting the South Florida scientific community through educational programs.
The platform is currently valued at approximately over $5 billion and has raised nearly $500 million in venture funding. It has more than 32 million verified users in more than 200 countries. It began operations in 2011 and has facilitated more than $800 billion in transactions to date.