Blockdaemon, an infrastructure firm that supports a wide range of blockchain networks, recently secured an impressive $28 million in a Series A funding round. The funding was led by Greenspring Associates, a prominent investment firm, and saw participation from reputable companies such as Goldman Sachs, BlockFi, Warburg Serres, Uphold, and Hard Yaka.
Blockdaemon plays a crucial role in facilitating the operations of various blockchain networks. The firm provides essential infrastructure support to networks including ETH 2.0, Bitcoin, Cardano, Polkadot, Cosmos, SKALE, MobileCoin, and the Lightning Network. With its versatile capabilities, Blockdaemon enables the seamless functioning of these networks, ensuring their efficiency and reliability.
The funding round signifies the immense potential and growing interest in blockchain technology. Blockdaemon’s ability to attract significant investment from prominent players in the financial industry is a testament to its expertise and the trust it has garnered within the blockchain community.
Blockdaemon’s successful funding round will undoubtedly propel the firm to new heights, allowing it to further enhance its infrastructure services and expand its support for an even broader range of blockchain networks. As the adoption and utilization of blockchain technology continue to surge, Blockdaemon’s role in providing reliable and scalable infrastructure will be instrumental in driving the growth and development of the blockchain ecosystem.
