We Know Nodes.
Undeniably, this has been one of the most exciting months in Blockdaemon history. 3 months after our Series A raise of $28M, we are proud to announce that our Series B has raised $155M, led by Softbank Vision Fund 2, with a valuation of $1.255B. Participation for the raise also came from: Matrix Capital Management, Sapphire Ventures, Morgan Creek Digital and existing investors, Boldstart Ventures, Goldman Sachs, Greenspring Associates, CoinFund, Kinetic, Kraken Ventures, Borderless Capital, and Lerer Hippeau.
“This latest large infusion of capital is another major milestone for Blockdaemon and will ensure that we continue to revitalize existing financial infrastructure around the globe. We are committed to a future of decentralized financial infrastructure and accelerating the ease of integration to bridge traditional banking to the crypto ecosystem.” –Konstantin Richter, CEO & Founder
“We believe Blockdaemon is a foundational layer to the blockchain industry, providing a suite of easy-to-use infrastructure products and services to help power the world’s top crypto exchanges, custodians, and funds.” -Nagraj Kashyap, Managing Partner at SoftBank Investment Advisers
This round will help Blockdaemon fund our international expansion to bring on world-class talent in Singapore, Japan, the UK and Germany. In addition, the new capital will allow us to make strategic acquisitions to build out our already robust tech stack. In our next stage of strategy, we will bridge access to protocols via APIs, expand financial reporting capabilities for institutions, and deepen our infrastructure capabilities to ease integration for the next phase of the blockchain ecosystem.
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Company and Protocol Updates
Blockdaemon Joins the Blockchain Association– Blockdaemon was proud to stand alongside our peers in the industry on this occasion. Our membership in the Blockchain Association deepens our position for advancing a pro-blockchain environment.
Beaxy Exchange will begin leveraging Blockdaemon’s node infrastructure solutions. Beaxy’s clients will now enjoy improvements in speed, reliability, and security for transfers to and from the exchange. The node infrastructure supplied by Blockdaemon will power a series of new listings on Beaxy. The first of which is Tezos. Read more about the partnership HERE.
The Blockdaemon team has joined the Lido program as a node operator – nominated for both Solana and Ethereum network options. For those interested in joining and staking ETH or Solana with Blockdaemon, check out the ETH address and SOL Validator below:
ETH address: 0x4f42A816dC2DBa82fF927b6996c14a741DCbD902
Link to SOL Validator HERE
Blockdaemon adds Audius to the marketplace. $AUDIO is the native token for the Audius platform. Currently, Audius is built on both Ethereum and Solana with core functions still acting on the Ethereum network – for this reason $AUDIO is an ERC-20 token.
Blockdaemon adds Flare to the marketplace. Flare is a next-generation blockchain which enables smart contracts with multiple non-Turing complete assets that settle on their native chain.
3 Lessons We Learned from Solana’s Outage (as a validator)– As a Solana validator, Blockdaemon is committed to the health and success of the Solana blockchain. We are proud to be a part of the community that helped to successfully reboot the blockchain.
How You Can Help Blockchain Go Green– Blockchain has the potential to make the world a better place. Whether reducing corruption, enabling democracy, or modernizing financial models. That being said, there is a significant challenge to overcome. Energy usage casts a dark shadow over the whole blockchain industry.
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Series B Press
BUSINESS WIRE: Blockdaemon Raises $155 Million In Series B Funding Making it the World’s Largest Blockchain Node Infrastructure Company
BLOOMBERG: Blockdaemon Latest Crypto Unicorn on Funding Round from SoftBank, Goldman
YAHOO FINANCE: SoftBank Fund Joins Goldman in Minting Latest Crypto Unicorn & Blockdaemon Hits Unicorn Status in Latest Funding Round
CRYPTO NINJAS: Node infrastructure provider Blockdaemon raises $155M in Series B
PITCHBOOK: Blockdaemon raises $155M
THE BLOCK CRYPTO: Blockchain tech firm Blockdaemon raises $155 million in Series B funding
COINDESK: Blockchain Infrastructure Firm Blockdaemon Nabs $1.3B Valuation in $155M Funding Round
TECH STARTUPS: Blockdaemon raises $155 million in funding to build institutional-grade blockchain infrastructure
FINTECH NEWS: Blockdaemon Attains Unicorn Status With US$155 Million Series B
SAPPHIRE VENTURES: Building Better Infrastructure for Digital Assets: Why We’re Excited about FalconX, Blockdaemon, TaxBit & Tesseract
BREADNEWS: Blockdaemon Becomes Latest Crypto Unicorn With USD 155M Series B Funding
JUMPSTART BLOCKCHAIN: Blockdaemon Raises $155M At Valuation Of $1.3 Billion
THE IRISH TIMES: Blockdaemon to expand in Galway after $155m fundraise
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Events
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Interesting Reads
What is the Cardano Alonzo Hard Fork?– Alonzo matters. It marks a turning point in Cardano, and it could be a great time to increase your infrastructure.
What are Non-Fungible Token (NFT) Assets?– NFTs have garnered a lot of attention across traditional and cryptocurrency industries alike. Non Fungible Tokens are causing quite a commotion in the media, but what are they?
New Director of Security, Vincent Kobel– As Blockdaemon continues to grow, the hiring of Vincent Kobel reinforces Blockdaemon’s security-first approach. Welcome aboard Vincent!
HACKER NOON: The Art & Science of Node Monitoring– Blockdaemon Chief Engineer, Nye Liu discusses the importance of Node Monitoring.
PAYMENTS JOURNAL: Banking and Blockchain: A Perfect Union – By. Konstantin Richter– Financial institutions have spent more than $550M on blockchain-powered projects. However, with more than $700 trillion worth of assets in the world, this trend is just beginning.
The team continues to expand so check us out and apply! And as always, get the latest on new releases and product updates: Check the Blockdaemon Blog, follow the discussion on Twitter and Linkedin, and feel free to reach out to us with any questions you have at [email protected]
Stay tuned,
The Blockdaemons
