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Blockdaemon, a blockchain company, raised $207 million at a valuation of $3.25 billion

Blockdaemon, a blockchain company, raised $207 million at a valuation of $3.25 billion

Blockdaemon closed a $207 million Series C funding round, bringing the blockchain company's valuation to $3.25 billion.

We are proud to announce that we have raised a further $207M in investments, led by @SapphireVC Tiger Global, with a post-money valuation of $3.25B Learn how this capital will fuel our growth as the world's largest blockchain infrastructure provider �� (0/10) ���� & ; Blockdaemon �� (@BlockdaemonHQ) January 26, 2022

The round was led by Sapphire Ventures and Tiger Global. Softbank through Vision Fund 2, Boldstart Ventures, StepStone Group, Matrix Capital Management, Lerer Hippeau, Kenetic and Galaxy Digital also participated.

According to the press release, the company will create a fund "to reinvest earned assets into institutional-level DeFi offerings."

Blockdaemon recalled that it hired 150 new employees in 2021 and entered the Singapore and German markets. Acquisitions include the Lunie and Anyblock Analytics platforms.

Recall that in June 2021, Blockdaemon raised $28 million from Greenspring Associates, Goldman Sachs, BlockFi and other investors.

In September, the blockchain company was backed by SoftBank in a $155 million investment.

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