Finance

Block Company Intelligence

07/07/2022
Bitcoin Ethereum News

July 6, 2022, 4:32PM EDT

• 14 min read

Quick Take

  • Founded in 2009 as Square, Block was initially a Point-of-Sale (PoS) payment processing business for small and medium sized businesses
  • Currently trades $63.90 per share at a ~$38.6bn EV and ~$38.9bn Fully Diluted Market Capitalization after its Nov-15 IPO at a $2.9bn valuation
  • The company has supported various initiatives to move towards a more Crypto related business through various technological integrations and development of Pro-Bitcoin software in a variety of their products

Join The Block Research for exclusive research like this

Gain access to this research piece and 100s of others, including ecosystem maps, company profiles, and topics spanning DeFi, CBDCs, banking and markets. Together with additional services, we help organizations understand what’s happening in the rapidly developing digital asset ecosystem.

Already a Research Member? Login Here

Source: https://www.theblockresearch.com/block-company-intelligence-156179?utm_source=rss&utm_medium=rss