Tagged: blockdaemon

March 20, 2025 @ 5:40 pm By Omar Faridi  |  

Blockdaemon, the “institutional-grade” blockchain infrastructure company, has entered into a binding agreement to acquire expand.network, an API provider that streamlines institutional and wallet provider access to DeFi and on-chain financial activities. expand.network will reportedly facilitate Blockdaemon’s ability to connect businesses to blockchains with one integration…. Read More

February 24, 2025 @ 7:59 am By Omar Faridi  |  

Blockdaemon Wallet, introduced in 2023, has been rebranded as Blockdaemon Institutional Vault. According to an update from Blockdaemon, the name change reflects the platform’s continued evolution into what is “considered the most secure wallet available for institutional digital asset operations and storage.” Designed to support… Read More

December 19, 2024 @ 5:02 am By Omar Faridi  |  

Blockdaemon and HashiCorp have partnered to integrate and approve Blockdaemon Builder Vault for use with HashiCorp Vault, providing secure Root of Trust services. Builder Vault incorporates Blockdaemon’s Multi-Party Computation (MPC) tech via a Public Key Cryptography Standard (PKCS) #11 plug-in. It generates, stores, and uses… Read More

November 3, 2024 @ 11:03 pm By Omar Faridi  |  

Blockdaemon has announced that they have joined the Proof of Stake Alliance (POSA). By becoming a member, Blockdaemon explained in the update that it now furthers its commitment to promoting “clear standards” as well as supporting the growth of proof-of-stake or PoS technologies. According to… Read More

October 27, 2024 @ 10:44 pm By Omar Faridi  |  

The team at Blockdaemon has shared key crypto / digital assets industry insights which aim to take a closer look at the various US Congressional actions in 2024. Sam Kim notes in a recent blog post by Blockdaemon that their overview of recent U.S. regulatory… Read More

August 31, 2024 @ 3:12 pm By Omar Faridi  |  

Blockdaemon has joined the launch of the industry’s “first” Node Operator Risk Standard (NORS) certification for Ethereum (ETH), establishing a new benchmark for operational security and risk management for the Ethereum node operators. Additionally, Blockdaemon now participates in the NORS Development Working Group, the group… Read More

August 12, 2024 @ 10:13 pm By Omar Faridi  |  

In June 2023, the Financial Services Agency of Japan (FSA) amended the Payment Services Act (PSA) to provide an updated regulatory framework for crypto assets and stablecoins. According to an update from Blockdaemon, these regulations have clear implications “for Crypto Asset Exchange Service Providers (CAESP)… Read More

June 9, 2024 @ 11:12 am By Omar Faridi  |  

Blockdaemon recently introduced its DeFi API. The Blockdaemon DeFi API reportedly “simplifies DeFi interactions, enhances liquidity management, offers unified asset tools, and caters to B2B2C and institutional needs.” The Blockdaemon DeFi API is described as being “the complete institutional solution for seamless, secure, and efficient… Read More

May 15, 2024 @ 1:10 pm By Omar Faridi  |  

Blockdaemon officially announces expansion into the United Arab Emirates (UAE), with a new office and corporate entity established in Abu Dhabi under the Registration Authority of Abu Dhabi Global Market (ADGM). With this expansion, Blockdaemon will now “offer institutional-grade node and validator infrastructure solutions, and… Read More

December 26, 2023 @ 11:02 am By Omar Faridi  |  

Blockdaemon is announcing a partnership with LayerZero Labs. This collaboration unites LayerZero Labs’ expertise “in omnichain interoperability with Blockdaemon’s strength in blockchain infrastructure, self-custody wallets, and node management.” This joint effort aims to “enhance institutional access to decentralized finance (DeFi).” This partnership brings together two… Read More

November 28, 2023 @ 10:19 pm By Omar Faridi  |  

Blockdaemon Institutional Wallet is now supported with cold storage, tokenization features as well as Azure support. Blockdaemon says it is unveiling three major enhancements to the Blockdaemon Institutional Wallet, which include: Cold Storage, Tokenization and Azure Cloud support. These features collectively aim to “enhance the… Read More

October 27, 2023 @ 4:42 pm By Omar Faridi  |  

Komainu, a regulated digital asset custody service provider built by institutions for institutions, announced that it has partnered with Blockdaemon, an institutional-grade blockchain infrastructure company, to further bolster its staking offering. Komainu’s staking service, “launched in early 2022, has seen significant growth, and this partnership… Read More

September 25, 2023 @ 9:54 pm By Omar Faridi  |  

Blockdaemon has added WalletConnect support for Solana, a blockchain known for its speed and cost-effectiveness. WalletConnect is described as being “a secure protocol that simplifies blockchain interactions by eliminating the need for private keys or passwords, enhancing both security and user experience.” Users are now… Read More

March 25, 2023 @ 7:45 am By Omar Faridi  |  

MetaMask Institutional, the web3 wallet for organizations developed by ConsenSys, and the first multi-custodial institutional web3 offering on the market, launched its institutional staking marketplace in partnership with Allnodes, Blockdaemon, and Kiln. The marketplace will also “leverage ConsenSys’ own technology with ConsenSys Staking (formerly Codefi… Read More

February 25, 2023 @ 10:35 am By Camyar Matini  |  

The Shanghai hard fork is projected to unfold this spring around March or April, with the anticipated upgrade affording the capability to withdraw Ethereum from staking for the first time. Ethereum staking rewards participating in network consensus, and in order to participate, one needs to… Read More

November 4, 2022 @ 8:53 am By Andrew Howell  |  

From sea shells to stones, physical tokens have represented units of value for thousands of years. Recently, blockchain technology has given rise to the digital token economy, where items of value can be represented cryptographically. A growing marketplace has rapidly formed around this new technology… Read More

July 20, 2022 @ 10:50 am By JD Alois  |  

Blockdaemon has acquired Sepior, according to a company statement. Blockdaemon is a blockchain enabler providing the infrastructure for firms to leverage the technology. Sepior is a data and digital asset security company that provides institutional-grade cryptographic key management and protection. Blockdaemon did not disclose the… Read More

April 16, 2022 @ 7:15 pm By Omar Faridi  |  

Blockdaemon, which claims to be the largest institutional-grade blockchain infrastructure company for node management and staking, announced that it has added four new investors: Citi Ventures, Salesforce Ventures, Telstra Ventures, and Invicta Growth as it “continues its high-velocity growth powering the blockchain economy.” The firm… Read More

March 27, 2022 @ 1:27 pm By Omar Faridi  |  

Blockdaemon is pleased to confirm that they have added support for Ethereum’s (ETH) open-source client software “in preparation for the ’the merge’.” As part of their ongoing commitment, they’re offering $900,000 worth of IBM Cloud credits to fund Ethereum client stability testing. This will directly… Read More

January 26, 2022 @ 5:42 pm By JD Alois  |  

Institutional blockchain firm Blockdaemon has raised $207 million in a Series C funding round that values the firm at $3.25 billion. The funding round was led by Sapphire and Tiger Global, with participation from existing investors SoftBank Vision Fund 2, Boldstart Ventures, StepStone Group, Matrix Capital… Read More