PE Tech Report

NEWSLETTER

Like this article?

Sign up to our free newsletter

Blockdaemon raises USD207m in Series C funding round by Sapphire and Tiger Gobal at USD3.25bn post-money valuation

Blockdaemon, an institutional-grade blockchain infrastructure company for node management and staking, has closed a Series C funding round of USD207 million with a post-money valuation of USD3.25 billion.

Blockdaemon, an institutional-grade blockchain infrastructure company for node management and staking, has closed a Series C funding round of USD207 million with a post-money valuation of USD3.25 billion.

The round was led by Sapphire and Tiger Global, with participation from existing investors SoftBank Vision Fund 2, Boldstart Ventures, StepStone Group, Matrix Capital Management, and Lerer Hippeau. 

Galaxy Digital has also joined Blockdaemon’s cap table. The company is also announcing its partnership with Stakewise to augment liquid staking, as well as its own DeFi Fund to provide greater access to economic opportunity in the crypto ecosystem.

Like this article? Sign up to our free newsletter

MOST POPULAR

FURTHER READING

Featured

Blackstone Private Equity