Blockdaemon, a US-based blockchain infrastructure company, becomes the latest crypto unicorn after announcing on the 21st that it has raised about $155 million in a funding round led by SoftBank’s ‘Vision Fund 2’.
In addition to the lead investors, the round saw participation from existing investors such as Goldman Sachs Group Inc., Kraken Ventures, and Kenetic. Some of the new participating investors included Matrix Capital Management, Sapphire Ventures, and Morgan Creek Digital.
In June, the company raised about $28 million from Goldman Sachs, CoinShares, BlockFi, and others in its series A round led by Greenspring Associates.
Blockdaemon is a New York-based startup offering institutional investors blockchain infrastructure services such as staking and node operations.
The company recently managed to increase its node count from 8,000 to 18,000, just over doubling its operations.
Currently, it offers support in over 40 blockchains including Bitcoin (BTC), Ethereum 2.0, Cardano(ADA), Solana (SOL), Polkadot (DOT), and Cosmos (ATOM).
CEO and Founder of Blockdaemon, Konstantin Richter, said in a statement:
“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.”
Multinational conglomerate SoftBank has racked up its investments in crypto and blockchain-related spaces after leading another funding round of a french fantasy game startup ‘Sorare’ which garnered over $680 million in its series B funding.