Blockdaemon, a crypto infrastructure firm raises $207 million at a valuation of $3.25B

Despite the crypto market's current sea of red, unicorn valuations persist, with Blockdaemon being the most recent example.

After a $207 million Series C led by Sapphire and Tiger Global on Wednesday, Blockdaemon claimed it had a $3.25 billion post-money valuation.

In its September 2021 Series B, Blockdaemon was valued at $1.3B

The company offers back-end help for a variety of blockchain initiatives. Everything from node operations to staking as a service is covered under services.
FTX US, a crypto exchange, announced a $400 million investment round on Wednesday, valuing the company at $8 billion.

After a $207 million Series C led by Sapphire and Tiger Global on Wednesday, the blockchain infrastructure business claimed it had a $3.25 billion post-money valuation.

In its September 2021 Series B, Blockdaemon was valued at $1.3 billion. The company offers back-end help for a variety of blockchain initiatives. Everything from node operations to staking as a service is covered under services.

FTX US, a crypto exchange, announced a $400 million investment round on Wednesday, valuing the company at $8 billion.

This is a developing story that will be updated as more information becomes available.