blockdaemon

blockdaemon

Blockchain infrastructure and node management services

About blockdaemon

Simplify's Rating
Why blockdaemon is rated
B+
Rated B on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Cybersecurity

Crypto & Web3

Company Size

51-200

Company Stage

Late Stage VC

Total Funding

$434.6M

Headquarters

New York City, New York

Founded

2017

Overview

Blockdaemon provides blockchain infrastructure and node management services, helping businesses set up and manage blockchain nodes on various cloud platforms like AWS, Azure, and Google Cloud. They ensure that these nodes are secure, compliant, and highly available, catering to clients such as blockchain developers and financial institutions. Blockdaemon operates on an infrastructure as a service (IaaS) model, charging for node deployment and management, while also offering monitoring systems and APIs for optimal performance. Their goal is to deliver a comprehensive platform that supports secure and efficient blockchain operations.

Simplify Jobs

Simplify's Take

What believers are saying

  • Acquisition of expand.network enhances DeFi access for financial institutions.
  • Expansion into Asia-Pacific and EMEA opens new revenue streams and market opportunities.
  • Potential 2026 IPO could provide capital for further technological investments.

What critics are saying

  • Increased competition from Figment and Ankr may impact market share.
  • Integration challenges from expand.network acquisition could strain resources.
  • Expansion into new regions may increase compliance risks due to unfamiliar regulations.

What makes blockdaemon unique

  • Blockdaemon offers multi-cloud deployment on AWS, Azure, and Google Cloud.
  • They provide ISO 27001 compliance, ensuring high security and information management standards.
  • Their platform supports seamless network switching, enhancing flexibility for blockchain developers.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$434.6M

Above

Industry Average

Funded Over

6 Rounds

Notable Investors:
Late VC funding comparison data is currently unavailable. We're working to provide this information soon!
Late VC Funding Comparison
Coming Soon

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

-1%

2 year growth

0%
Ledger Insights
Mar 21st, 2025
Blockdaemon acquires DeFi API firm for institutional access

Blockdaemon has raised around $500 million in funding, most of which came in the year to August 2022.

CoinRank
Mar 19th, 2025
Crypto infrastructure provider Blockdaemon acquires expand.network

CoinRank News: Crypto infrastructure provider Blockdaemon has acquired expand.network for an undisclosed amount, but the deal is said to be worth hundreds of millions of dollars.

CoinDesk
Mar 19th, 2025
Blockdaemon Acquires expand.network for Millions

Blockdaemon has acquired expand.network, a DeFi connectivity firm, for a sum in the double-digit millions of dollars. This acquisition aims to facilitate seamless access for financial institutions to on-chain trading. Blockdaemon, backed by banks like Goldman Sachs, supports 70% of the top 500 crypto-active institutions and operates over 250,000 nodes. The move is part of Blockdaemon's strategy to enhance DeFi access amid growing regulatory clarity in the U.S.

The Block
Nov 15th, 2024
Crypto-AI startup 0G Labs raises $40 million seed and receives $250 million token purchase commitment

0G Labs announced $290 million in new funding, which includes a $40 million seed round and a $250 million token purchase commitment.

Cointelegraph
Oct 16th, 2024
P2P.org touts revenue share as EigenLayer operators vie for restakers

P2P.org competes with dozens of other operators, including staking-as-a-service providers such as Figment, Blockdaemon and Ankr.

There are no jobs for blockdaemon right now.

Find jobs on Simplify and start your career today

💡
Don't see your dream role? Check out thousands of other roles on Simplify. Browse all jobs →