Blockdaemon raises $207M at $3.25B valuation

Blockchain infrastructure company Blockdaemon said on Wednesday that it had secured a $207 million Series C round of funding led by Sapphire and Tiger Global at a $3.25 billion valuation, Golden Finance reported. Blockdaemon was valued at $1.3 billion in its September 2021 Series B round. It is reported that Blockdaemon provides back-end support for projects across multiple blockchains, and its services include everything from node operations to staking-as-a-service. (coindesk)