Blockchain.info, now known as Blockchain.com, is a leading cryptocurrency financial services platform that began as one of the earliest Bitcoin blockchain explorers in 2011. Over time, it evolved into a full-fledged digital asset ecosystem offering a secure crypto wallet, exchange services, market data analytics, and institutional-grade financial products.
Led by CEO Peter Smith, one of its three co-founders, Blockchain.com has become a cornerstone in the crypto industry. The company raised $190 million in venture capital between 2012 and 2021, followed by an additional $300 million in March 2021—highlighting strong investor confidence in its infrastructure and long-term vision.
Origins and Evolution of Blockchain.info
Founded in 2011 by Ben Reeves, Blockchain.info started as a simple yet revolutionary tool: a public web interface to explore Bitcoin transactions on the blockchain. Users could input a transaction hash and instantly view details such as sender, receiver, amount, and confirmation status—transparency that was groundbreaking at the time.
In early 2012, Reeves partnered briefly with Brian Armstrong, who would later found Coinbase, to develop a Bitcoin payment platform featuring digital wallets and currency exchange. However, they parted ways due to a fundamental disagreement: Reeves advocated for non-custodial wallets where users retain full control, while Armstrong favored custodial models. This divergence led Reeves to continue independently, cementing Blockchain.info’s user-first philosophy.
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By 2013, Blockchain.info had 100,000 wallet users. By April 2014, that number surged to 1.5 million—making it the most widely used Bitcoin wallet at the time under CEO Nicolas Cary. That same year, the company acquired RTBTC, a real-time cryptocurrency data analytics platform, integrating its technology to enhance its explorer with live pricing, charts, and transaction insights.
A pivotal moment came in 2014 when Apple removed the Blockchain.com iOS app from the App Store—sparking backlash across the crypto community, especially on Reddit. As the only available Bitcoin wallet for iPhone users then, its removal disrupted access for thousands. Public pressure led Apple to reinstate the app within days, marking an early win for crypto advocacy.
Expansion Into Institutional Services and Global Growth
While initially consumer-focused, Blockchain.com began expanding into institutional offerings in 2018. It launched data APIs, lending solutions, and market intelligence tools tailored for enterprises and traders. In September 2020, the company joined the Coalition for App Fairness, advocating for fairer app store policies—a move reflecting its ongoing commitment to open access.
User growth remained exponential: from 31 million users in 2020 to 65 million Blockchain.com wallets by 2021. Notably, 28% of all Bitcoin transactions since 2012 have been linked to a Blockchain.com wallet—underscoring its central role in the network’s activity.
In February 2021, the company secured a $120 million funding round from high-profile investors including Moore Strategic Ventures, Kyle Bass, Access Industries, and Rovida Advisors, further fueling product development and global expansion.
However, like many in the crypto space, Blockchain.com faced challenges during the 2022 market downturn. The collapse of hedge fund Three Arrows Capital triggered a default on approximately $270 million in loans extended by Blockchain.com. In response, the company implemented cost-cutting measures, including a 25% workforce reduction (about 150 employees) on July 21.
Despite this setback, Blockchain.com maintained operational stability and continued enhancing its platform—demonstrating resilience in volatile markets.
How the Blockchain.info Wallet Works
At the core of Blockchain.com’s offerings is its flagship product: the Blockchain.com Wallet. Designed for both beginners and advanced users, this non-custodial wallet gives individuals complete control over their private keys and digital assets.
Unlike custodial wallets where a third party holds your funds, the Blockchain.com Wallet ensures you—and only you—have access through a secure recovery phrase (typically 12 or 24 words). This aligns with the core principles of decentralization and self-sovereignty in cryptocurrency.
The wallet supports over 22 cryptocurrencies, including major players like:
- Bitcoin (BTC)
- Ethereum (ETH)
- Bitcoin Cash (BCH)
- Tether (USDT)
- Stellar (XLM)
- Polkadot (DOT)
- Algorand (ALGO)
- Aave (AAVE)
It also enables users to send, receive, swap, and store digital assets seamlessly across devices via web browsers or native apps for iOS and Android.
With more than 60 million users worldwide, it ranks among the most trusted non-custodial wallets today—thanks to its robust security model, intuitive interface, and multi-language support (available in 25 languages).
One standout feature is the ability to earn interest on crypto holdings—up to 13.5% annual percentage yield (APY)—by participating in staking or lending programs directly within the wallet interface. This transforms passive holdings into income-generating assets without sacrificing ownership.
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Core Features and Services Offered
Blockchain.com delivers a comprehensive suite of services beyond just wallet functionality:
1. Blockchain Explorer
A powerful tool for viewing real-time Bitcoin and other blockchain transaction data. Anyone can search blocks, addresses, or hashes to verify transfers—a critical utility for developers, auditors, and everyday users.
2. Cryptocurrency Exchange
Integrated directly into the wallet, this feature allows instant swapping between supported cryptocurrencies with competitive rates and minimal slippage.
3. Market Data & Analytics
From live price charts to historical trends and network metrics (like hash rate and transaction volume), Blockchain.com provides actionable insights for traders and analysts.
4. Institutional Marketplace
Tailored for businesses and professional traders, this arm offers lending desks, OTC trading, data feeds, and API integrations—enabling scalable crypto operations.
Frequently Asked Questions (FAQ)
Q: Is Blockchain.com the same as Blockchain.info?
A: Yes. Blockchain.info was rebranded to Blockchain.com in 2015 to reflect its expanded services beyond just blockchain exploration.
Q: Is my money safe in the Blockchain.com Wallet?
A: Since it’s a non-custodial wallet, your funds are secure as long as you protect your recovery phrase. The company cannot access your assets or reset your password.
Q: Can I earn interest on my crypto with Blockchain.com?
A: Yes. Eligible users can earn up to 13.5% APY on certain cryptocurrencies through staking and lending options built into the wallet.
Q: Does Blockchain.com support Tether (USDT)?
A: Yes. Tether is fully supported across multiple blockchains within the wallet and exchange platforms.
Q: Was Blockchain.com affected by the Three Arrows Capital collapse?
A: Yes. The company reported a $270 million exposure due to defaulted loans but remained solvent and continued operations after restructuring.
Q: How do I recover my wallet if I lose access?
A: Use your recovery phrase (seed phrase) to restore access on any device. Never share this phrase—it grants full control of your wallet.
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Final Thoughts
Blockchain.com—originally launched as Blockchain.info—has grown from a simple block explorer into one of the most influential platforms in the cryptocurrency ecosystem. With over 60 million wallets in use and deep integration across consumer and institutional markets, it continues to drive innovation while staying true to crypto’s foundational values: transparency, security, and user empowerment.
Whether you're tracking transactions, managing digital assets, or earning yield on your holdings, Blockchain.com offers reliable infrastructure backed by years of experience and continuous development.
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