Crypto exchange Blockchainm reached a $ billion valuation in a funding round led by Lightspeed Venture Partners, with major participation from Baille Gifford & Co, News reported on Thursday, citing the company. The amount raised wasn t disclosed.

The U.K.-based company raised $ million in March last year at a valuation of $. billion, according the report. Lightspeed and VY Capital participated in that round.

The exchange, founded in , has million verified users, and one-third of bitcoin network transactions are conducted through it, according to its website.