We Know Nodes.
Thank you all! $207 million raised at a $3.25 billion valuation. We couldn’t have done it without our loyal customers and amazing partners. These funding rounds allow us to keep building and innovating new blockchain services, and driving the industry forward.
A few other newsworthy highlights for February include:
- Warren Buffet gets into crypto via $1 billion bank investment
- Sam Bankman-Fried says we might be in a ‘crypto-autumn’ might be here
- Hollywood hunk Ryan Reynolds recognizes that “(crypto) companies are doing a good job of bringing it into a sort of safer, more mainstream light.”
Let’s dive in!
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Product Updates and Feature Releases
Ubiquity is our high performance, multi-chain API for accessing blockchain data. This product is designed to serve the spectrum of clients from custodians to developers.
As our clients continue to build new and exciting solutions with our product we are working to expand the protocols supported as well as the level of service we can provide.
In February, we increased the number of protocols backed by autoscaling intelligent clusters. From this month this service will be also available in Terra, Litecoin, and Bitcoin Cash.
This change ensures zero downtime and enables us to handle higher data loads. Stay tuned for more protocols, more power and more speed. Full service now includes: Algorand, Bitcoin, Diem, Dogecoin, Ethereum, NEAR, Oasis, Polkadot, Stellar, Terra, XRP, Tezos, Litecoin, Bitcoin Cash.
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Company and Protocol Updates
“We remain committed to leading the way to overall network resilience and open source tooling development as this field of innovation continues to change the way value traverses the world.“ -Konstantin Richter.
Blockdaemon has raised a further $207M in investments, led by Sapphire & Tiger Global Management with a post-money valuation of $3.25B. In addition, we had participation from existing investors SoftBank Investment Advisers (SB Vision Fund 2), boldstart ventures, StepStone Group, Matrix Capital Management Company, L.P., and Lerer Hippeau. Galaxy Digital also joined the cap table as well.
Blockdaemon and Energy Web Partner Up
Blockdaemon is proud to announce a partnership with Energy Web, a global non-profit organization building operating systems for energy grids using open source decentralized technologies. Energy Web’s commitment to energy sustainability and accessibility to greentech is one with which we are strongly aligned.
Blockdaemon Begins Expansion in APAC
Blockdaemon is committed to investing in the APAC region. Our new team members are a testament to this fact. Andrew Vranjes and ZhiJun Ow-Yang (ZJ) will be pivotal to delivering our expert blockchain solutions to service local needs. They will both take on leadership roles to help strategically expand our operations and talent in exciting new regions.
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News & Events
How We Helped Restore Solana’s High-Speed Network – Last month, Solana experienced a perfect storm of tech issues and increased activity. The resulting Solana slowdown caused multiple transaction failures. Yet, thanks to the hard work from the community, network performance was quickly restored. Here’s what happened to Solana and how Blockdaemon supported the restoration.
We are busier than ever at events. We’ve already locked in a lot of partnerships but continuing to add weekly! Check out our calendar HERE and if you want to connect, send us a note!
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Keke’s Hot Tips
“Bring your whole self to work because, that way, you can bring full ideas and the wholeness of your unique abilities.” – Bozoma Saint John
This month, Keke Woods shows you how to get the latest block with Ubiquity using the Bitcoin and Ethereum protocols.
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Blockdaemon Blogs
Meet Blockdaemon’s DACH Sales Team – Blockdaemon is growing internationally. As we grow, our priorities remain clear. We want to bring our innovative blockchain infrastructure to the world. To achieve this goal, our global teams develop new business opportunities, and support local clients. They localize Blockdaemon’s products and services, specific to different customers.
How to Reduce Blockchain Service Downtime – If you’re offering a crypto service, you need access to a blockchain. Self-hosting your node is one option, but it has drawbacks. Outsourcing your blockchain infrastructure guarantees service. We help reduce downtime, giving you a better experience. Learn how.
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
