Bitcoin wallet and blockchain explorer startup Blockchain (Blockchain Luxembourg S.A.) is celebrating a new milestone: passing the 10 million-wallet mark.

The company claims that it is the first wallet provider to reach this milestone and it now holds over 50 percent of the bitcoin wallet market. Blockchain attributed much of their growth to recent geopolitical events, as Blockchain Chief Executive and founder Peter Smith explained in an email sent to SiliconANGLE:

Hitting this milestone at this particular moment isn’t a coincidence … In the wake of the brexit vote, the US Presidential election and a weakening Yuan, we have seen unprecedented levels of activity and transaction on our platform, which further suggests that people are embracing the need for a more globally accessible currency system, and one that does not exclude over one-third of the world’s population.  We are excited to play such an important role in powering the world’s shift to a more open, fair and accessible financial system.

In a separate blog post, the company added:

We are seeing record levels of activity across our platform, which signals that people are embracing the need for a more globally accessible financial system, and one that does not exclude over one-third of the world’s population.

Founded in 2011 and previously known by its original domain name Blockchain.info, the company aims to accelerate the re-engineering and modernization of the global financial system by bringing on board millions of individuals across the globe into open P2P transaction networks over the coming years. Blockchain is focused on building a series of localized onramps into its wallet that will make the acquisition of digital cash fast, easy and inexpensive for both banked and unbanked consumers across the globe.

Blockchain has raised one round of $30 million from investors including Amit Jhawar, Future Perfect Ventures, Lightspeed Venture Partners, Mosaic Ventures, Nat Brown, Prudence Holdings, Rafael Corrales, Richard Branson and Wicklow Capital.

Image courtesy of Blockchain