Blockdaemon Hits Unicorn Status in Latest Funding Round

·1 min read

BeInCrypto –

The blockchain infrastructure platform Blockdaemon reached a $1.255 billion valuation after its latest funding round with major backers.

Blockdaemon’s latest funding round pushed the company into the unicorn category. The Japanese investment firm SoftBank Vision 2 fund hosted the Series B funding round. Other notable funders included Goldman Sachs, Matrix Capital, Morgan Creek, and Kraken Ventures.

The blockchain company supports over 40 blockchain networks, which includes ETH 2.0, Bitcoin, Solana, Cardano, and Polkadot. In addition, Blockdaemon powers the foundation for digital coin transactions on some of the world’s largest exchanges.

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