Blockdaemon Hits Unicorn Status in Latest Funding Round

2021-9-22 14:35

The blockchain infrastructure platform Blockdaemon reached a $1.255 billion valuation after its latest funding round with major backers. 

Blockdaemon’s latest funding round pushed the company into the unicorn category. The Japanese investment firm SoftBank Vision 2 fund hosted the Series B funding round. Other notable funders included Goldman Sachs, Matrix Capital, Morgan Creek, and Kraken Ventures.

The blockchain company supports over 40 blockchain networks, which includes ETH 2.0, Bitcoin, Solana, Cardano, and Polkadot. In addition, Blockdaemon powers the foundation for digital coin transactions on some of the world’s largest exchanges. 

According to Konstantin Richter, the CEO and founder of Blockdaemon, the company has goals for mass-market expansion. “We are looking to bring crypto and decentralized finance (DeFi) to a global mass-market, in a regulated, compliant manner,” he commented. “We expect that to require extensive resources to work with regulators, as well as rapid international expansion.”

These latest funds will go towards additional hiring in the company’s global offices in  Singapore, Japan, the U.K., and Germany and plans for more substantial company acquisitions. 

Investing in the Future

Earlier this year Goldman Sachs made headlines for investments in the Series A funding round for Blockdaemon. During this round, the company raised over $28 million. Before that, the investment bank sank money into other blockchain and crypto projects such as Blockfi. 

This round’s big-ticket name was the leader of the Series B round, SoftBank. The Japanese investment firm has a good track record of financing large projects in the crypto space. Back in mid-July of this year, SoftBank led a funding round for the fantasy football platform Sorare. The round accumulated $530 million in monetary support. 

Shortly after the funding round for Sorare, SoftBank sank funds into the upcoming Bullish crypto exchange. During this venture, the company invested $75 million in the new exchange. 

The post Blockdaemon Hits Unicorn Status in Latest Funding Round appeared first on BeInCrypto.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Multi Channel Influencer Creater Cloud Funding Platform (MCI) на Currencies.ru

$ 7.82E-5 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.07 %, 7d: -52.90 %
Cегодня L: $7.82E-5 - H: $7.82E-5
Капитализация $102.747k Rank 2192
Цена в час новости $ 0.0136825 (-99.43%)

funding round blockdaemon latest hits unicorn status

funding round → Результатов: 126


Фото:

Kyoko Raises $3M in Private Funding Round Led by Animoca Brands

Kyoko.finance, a DAO-to-DAO credit provider and cross-chain GameFi NFT lending market is pleased to announce it has raised $3 million in its private funding round. As per the announcement, led by Animoca Brands, the funding round saw numerous key investors come together, including Infinity Ventures Crypto (IVC), Momentum 6, Red Building Capital, Morningstar Ventures, NGC Ventures, BlockchainSpace, […]

2022-2-3 22:33


Фото:

Solrise Finance Successfully Concludes $3.4 Million Funding Round

Solrise Finance, a decentralized fund management and investment protocol on Solana has announced the successful completion of its funding round, which raised $3.4 million. According to the protocol, the funding round saw the participation of various top venture capital funds, including Alameda Research, Jump Capital, CMS Holdings, DeFi Alliance, Reciprocal Ventures, Delphi Digital, and Parafi, DeFi […]

2021-7-7 00:01


Фото:

Community-Driven VC and Multi-Chain Launchpad BullPerks Raises $1.8 Million in Private Funding Round

Community dedicated decentralized VC and multi-chain launchpad BullPerks has successfully closed $1. 8 million worth of private funding round. BullPerks Concludes Private Funding Round According to a press release issued on June 4, BullPerks has completed its private funding round whereby it was able to raise funds to the tune of $1.

2021-6-4 13:01


Фото:

Cryption Network Raises $1.1 Million In Latest Private Funding Round

Cryption Network, a crypto platform built for retail traders, announced it had completed its private funding round, which raised $1. 1 million. The funding round attracted numerous investors, including CMS Holdings, GravityX Capital, Master Ventures, GenBlock, Ascensive Assets, X21 Digital, AU21, WaterDrip Sandeep Nailwal of  Polygon, and Humayun Sheikh of Fetch.

2021-5-26 20:38


DEX aggregator 1inch secures $2.8M funding round led by Binance Labs

The team of DEX aggregator 1inch, today announced it has closed a $2.8M funding round from institutional investors, including Binance Labs, which led the funding round, as well as Galaxy Digital, Greenfield One, Libertus Capital, Dragonfly Capital, FTX, IOSG, LAUNCHub Ventures, Divergence Ventures, Loi Luu, the Founder of Kyber Network, and Illia Polosukhin, the Co-Founder […] CryptoNinjas » DEX aggregator 1inch secures $2.8M funding round led by Binance Labs

2020-8-11 16:18


DEXTF Secures $460,000 in Funding with SGInnovate And Lunex Partnership

According to the Business Times, Decentralized Traded Funds (DEXTF) closed the funding round after collecting $460,000. This funding round was led by SGInnovate and LuneX Ventures, a blockchain firm of Singapore based Golden Gate Ventures, with the partnership with the hedge fund CDAM based in London and other private investors who remain undisclosed. “Although many […]

2019-11-9 19:19


Bitmain’s Bitcoin Mining Company Evaluation is Near $12 Billion After New Funding

$12 Billion: The Value of Mining Giant Bitmain in the New Funding Round Bitmain, the Chinese bitcoin mining giant reportedly closed a Series B funding that valued the company at around $12 billion. Caixin, Chinese business media reported on Friday the equity financing was somewhere between $300 and $400 million, though it is still unclear […]

2018-7-7 23:43


Фото:

To Build Bitcoin Cash Mobile Wallet Startup Raises $600K

CoinText.io, a blockchain startup developing a way to conduct offline bitcoin cash transactions, just closed a $600,000 seed funding round, the company announced Friday. Lead by Texas-based Yeoman’s Capital, which has previously invested in Fantom, OpenGarden and tZero, the funding round will be used to develop a mobile wallet which can support bitcoin cash transactions

2018-6-30 01:46