Blockchain startup Blockdaemon raises $155 million in Series B funding

Sep 21, 2021 | The Block News | 0 comments


Blockdaemon, a New York-based startup that builds blockchain nodes and other tech, has raised $155 million at a valuation of $1.26 billion. 

According to a release announcing the Series B funding round, SoftBank’s Vision Fund 2 led the round. New investors Matrix Capital Management, Sapphire Ventures and Morgan Creek Digital participated in the round, as well as existing investors Boldstart Ventures, Goldman Sachs, Greenspring Associates, CoinFund, Kenetic, Kraken Ventures, Borderless Capital, and Lerer Hippeau.

“Goldman Sachs is very pleased to continue our relationship with and investment in Blockdaemon as they continue to innovate for the financial services industry. We believe Blockdaemon has a key role to play in the future of blockchain and crypto adoption,” said Oli Harris, North America head of digital assets at Goldman Sachs, in the statement. 

Blockdaemon closed its Series A funding round in June, raising $28 million, The Block previously reported. That round was led by the venture capital firm Greenspring Associates and drew support from Goldman Sachs, BlockFi, Voyager Digital, Uphold, CoinShares, Borderless Capital, and Ventures. 

Blockdaemon supports over 40 blockchains such as Ethereum 2.0, Bitcoin, Solana, Terra, Cardano, Polkadot, and more.

© 2021 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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