About blockdaemon
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's business model includes charging for node deployment and management, along with offering monitoring systems and APIs for optimal performance and transaction validation. The company's goal is to deliver a comprehensive platform for blockchain node management.
New York City, New YorkHeadquarters
2017Year Founded
$422.7MTotal Funding
LATE_VCCompany Stage
Cybersecurity, Crypto & Web3Industries
51-200Employees
Risks
Increased competition from well-funded entrants like 0G Labs.
Planned 2026 IPO could expose Blockdaemon to market volatility.
Expansion into UAE may pose regulatory challenges and adaptation costs.
Differentiation
Blockdaemon offers multi-cloud deployment on AWS, Azure, and Google Cloud.
The company provides ISO 27001 compliant blockchain node management services.
Blockdaemon's APIs enable participation in major network updates and transaction validation.
Upsides
Growing demand for blockchain infrastructure boosts Blockdaemon's market potential.
Expansion into UAE offers new opportunities in a supportive regulatory environment.
Involvement in NORS certification enhances Blockdaemon's industry credibility.
Funding
Total raised$422.75 M
Latest valuation$3.25 B
StageLATE_VC
LATE VC
7/31/2022$33
$3.25 B