Crypto Startup Blockchain Hits 25 Million Wallets



Blockchain, the UK based provider of cryptocurrency wallets and services, has reported reaching a milestone of 25 million wallets this week, according to Yahoo Finance. Much of the growth has been in the US, where the company has rolled out bitcoin sales in recent months.

Blockchain Registers 25 Millionth Crypto Wallet

The significance of the milestone is tempered by the fact that the 25 million figure exceeds the number of bitcoin addresses that have a positive balance, according to data from BitcoinPrivacy, a website that supports bitcoin address privacy and analyzes bitcoin addresses in the interest of supporting privacy.

The website claims there are currently 22,057,779 bitcoin addresses with a positive balance and 20,812,887 unique wallets with a positive balance. This would indicate that many of Blockchain’s 25 million wallets are empty or that a large number of users hold ether but not bitcoin.

Blockchain’s customer base nevertheless now doubles that of Coinbase, which in November shared a number of 13 million users. Blockchain’s 25 million wallets surpass the customer bases of TD Ameritrade and Charles Schwab (though an individual may have multiple Blockchain wallets).
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Francesca Marocchino

Francesca is greatly interested by the blockchain technology and how to make the best use of it. She likes to study the positive and negative impact new technologies can have on our lives. Also very passionate about the IOT and the development of smart cities, she believes we can all innovate to shape our future and preserve our planet at the same time.