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Blockdaemon

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Blockdaemon

Blockdaemon, founded in 2017, is a single integration partner for accessing premier blockchain networks. Through its end-to-end suite of blockchain tools—which include dedicated nodes, APIs, staking, liquid staking, MPC tech and more—Blockdaemon provides integrated business solutions to exchanges, custodians, crypto platforms, financial institutions and developers.

blockdaemon.com
HQ: Los Angeles, California, United States
500
Finance

Company research

Public company, workplace, funding, and market signals

Updated Aug 16, 2026

Overview

Blockdaemon is an institutional blockchain-infrastructure company that helps banks, financial institutions, exchanges, custodians, and crypto platforms build, operate, and scale digital-asset products. Its platform provides blockchain connectivity, wallets, key management, staking, data, transaction, and DeFi infrastructure.

Primary product

Institutional digital-asset infrastructure platform spanning nodes and APIs, MPC wallets and vaults, staking and earn services, transaction services, blockchain data, tokenization, and DeFi connectivity.

Founded

2017

Headquarters

Remote First, United States; public sources variously identify Los Angeles and New York/Brooklyn as principal office locations.

Team size

100-150; other public directories estimate 100-500

Work style

Remote

Industry

Software Development

Sub-industry

Blockchain and digital-asset infrastructure; financial technology

Offices

Los Angeles, United States
Brooklyn/New York, United States
Newcastle, United Kingdom
Ireland
Germany

Business model

B2B enterprise SaaS
Infrastructure-as-a-service
Staking-as-a-service
Transaction-based payments and on/off-ramp revenue
White-label infrastructure
API usage and enterprise contracts

Funding

Stage

Late-stage private / venture-backed

Total raised

$434.6M

Latest round

Series C / additional Series C financing · Jan 2023

Series C extension

Jan 2023 · TenSquared

Series C / additional financing

Aug 2022

$33.1M

Series C strategic extension

Apr 2022 · Citi Ventures, Salesforce Ventures, Telstra Ventures, and Invicta Growth

Series C

Jan 2022 · Sapphire Ventures and Tiger Global Management

$207M

Series B extension / strategic financing

Nov 2021 · J.P. Morgan and Tiger Global Management

Series B

Sep 2021 · SoftBank Vision Fund

$155M

Series A

Jun 2021 · Greenspring Associates

$28M

Series A / venture round

May 2020 · Boldstart Ventures and other existing investors

$5.5M

Seed

Apr 2019 · Lerer Hippeau

$2.4M

Seed / pre-seed

Apr 2018 · Boldstart Ventures, Comcast Ventures, and Genacast Ventures

$380K

People & investors

Leadership

Konstantin Richter

Founder and Chief Executive Officer

Alex Zinder

Chief Product Officer

Demo Skalkotos

Chief DeFi & Protocols Officer

Amor Sexton

Chief Operating Officer

Sam Kim

Chief Legal Officer

Shannan Stewart

Chief of Staff

Navraj Rai

VP of Finance

Varun Gyanchandani

Director of Engineering

Andrew Vranjes

Chief Revenue Officer

Founders

Arun

Co-founder and former Chief Technology Officer; full name not consistently identified in public primary sources

Investors

BlockFi
Boldstart Ventures
Borderless Capital
Citi Ventures
CoinFund
CoinShares
Comcast Ventures
Fenbushi Capital
Galaxy Digital
Goldman Sachs
Greenspring Associates
Hard Yaka
Heavybit
Illuminate Financial
Invicta Growth
J.P. Morgan
Kenetic
Kraken Ventures
Lerer Hippeau
Matrix Capital Management
Salesforce Ventures
Sapphire Ventures
SoftBank Vision Fund
StepStone Group
Telstra Ventures
TenSquared
Tiger Global Management
Uphold
Voyager Digital

Work & culture

The company presents itself as mission-driven, remote-first, globally distributed, and focused on institutional-grade security, reliability, compliance, and blockchain adoption. Careers messaging emphasizes technically strong teams, learning, ownership, and building infrastructure for decentralized finance. Publicly reported employee accounts also indicate material workforce reductions in late 2023.

Work style

Remote

Compensation

Public careers materials confirm stock options and benefits but do not publish broad salary bands. Role-specific compensation and visa information should be verified from individual job postings or recruiting conversations.

Benefits

Medical, dental, and vision insurance
FSA/HSA
Stock options for employees
Company-provided laptop and peripherals
Flexible paid time off
Flexible work hours
Paid parental leave

Product & market

Pricing

Enterprise and usage-based pricing; pricing is generally quote-based through sales rather than publicly listed. Products can be delivered through SaaS, dedicated, cloud, and on-premise deployment models.

Differentiators

  • —Broad institutional platform combining nodes, APIs, staking, wallets, key management, data, transactions, and DeFi connectivity
  • —Institutional security and compliance positioning, including ISO 27001, SOC 2 Type II, SOC 1 Type I, and NORS-related Ethereum validator controls
  • —Non-custodial infrastructure and policy-driven transaction workflows
  • —Global, multi-chain infrastructure with cloud and bare-metal deployment options
  • —Reported support for more than 400 institutions and security of more than $110 billion in digital assets
  • —100% slashing-risk coverage claim for qualifying staking services
  • —Acquisition-led expansion into MPC key management, on-ramps, analytics, and DeFi APIs

Technology

Go
Python
Rust
Java
Scala
TypeScript
JavaScript
Solidity
Kubernetes
Helm
Docker
Terraform
AWS
Google Cloud
Microsoft Azure
HashiCorp Vault
HashiCorp
Open Policy Agent
Checkov
Prometheus/monitoring tooling initially indicated by public repositories and hiring signals

Customers

Goldman Sachs
J.P. Morgan
Microsoft
PayPal
Bitcoin Suisse
Revolut
Plaid
HashKey Capital
Celsius
ShapeShift
Robinhood Chain ecosystem
Exchanges
Custodians
Neobanks
Asset managers and financial institutions

Competitors

Fireblocks
Alchemy
Infura
QuickNode
Figment
Coinbase Cloud
BlockCypher
Chainstack
Ledger Enterprise
BitGo

Scale & contact

Estimated revenue

Approximately $36M-$56M annually based on third-party estimates; estimates vary substantially and are not company-reported.

Estimated monthly visits

32.9K

Traffic estimate as of Jun 2026

Signals & risks

Layoff
Nov 2023

Employee reports on Blind and LinkedIn described a Blockdaemon workforce reduction affecting approximately 15% of employees or a significant number of engineering staff. These reports are not supported by a formal company announcement, so the exact scope is unverified.

Source
Acquisition
Mar 2022

Acquired Gem, a crypto API and fiat-to-crypto on-ramp company, for undisclosed terms.

Source
Acquisition
Jul 2022

Acquired Danish digital-asset security and MPC key-management company Sepior for undisclosed terms.

Source
Acquisition
Mar 2025

Announced the acquisition of expand.network, a DeFi connectivity API provider; the transaction was reported as being worth a double-digit-million-dollar amount and later announced as completed.

Source

Latest news

Blockdaemon achieves NORS certification for Ethereum node operations

Blockdaemon · Jun 2026

The company reported successful completion of the Node Operator Risk Standard certification, a third-party-attested framework for Ethereum validator infrastructure risk management.

Blockdaemon partners with Hyperion DeFi for Hyperliquid staking infrastructure

Blockdaemon · Jun 2026

The partnership supports Blockdaemon’s Hyperliquid staking operations through the Kinetiq x Hyperion Validator and extends its institutional DeFi and validator infrastructure.

Taurus and Blockdaemon partner to expand institutional staking services

Taurus · Feb 2026

Taurus integrated Blockdaemon’s staking services into its institutional digital-asset platform, allowing regulated clients to stake while retaining custody and policy controls through Taurus-PROTECT.

Blockdaemon raises $207 million Series C at a $3.25 billion valuation

Business Wire · Jan 2022

Sapphire Ventures and Tiger Global led Blockdaemon’s largest publicly disclosed financing round, with participation from SoftBank Vision Fund 2, Boldstart, StepStone, Matrix, Lerer Hippeau, Kenetic, and Galaxy Digital.

Blockdaemon completes acquisition of expand.network

Blockdaemon

Blockdaemon announced completion of its acquisition of expand.network and the addition of Demo Skalkotos and Varun Gyanchandani to senior leadership, expanding its institutional DeFi API capabilities.

About and leadershipBlog / engineering and company insightsCareersFoundations / protocol servicesInfrastructureLinkedIn companyOpen roles / careers contactPress and mediaProducts
SourcesBlockdaemon About and LeadershipBlockdaemon Careers and BenefitsBlockdaemon InfrastructureBlockdaemon GitHub organizationBlockdaemon LinkedIn company pageBlockdaemon company profile and traffic data via ExaBlockdaemon Series C announcementBlockdaemon funding historyBlockdaemon blogBlockdaemon press pageBlockdaemon founder story

Jobs and careers at Blockdaemon

2 jobs at Blockdaemon

Solutions Architect, US

Remote
Revenue
East Coast US
2mo ago
Remote
Full-time
Apply

Solutions Architect, EMEA

On-site
Revenue
Dublin, Ireland; Dublin, Ireland, Ireland
3mo ago
On-site
Full-time
Apply

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