.
MergerLinks Header Logo

Announced

Completed

SoftBank Vision Fund 2 led a $155m Series B funding round in Blockdaemon.

Financials

Edit Data
Transaction Value£112m
Consideration TypeCash
Capital Owned-
Capital Bid For12%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Friendly

Cross Border

financial software

FinTech

Minority

United States

Acquisition

Private Equity

Completed

Private

Venture Capital

Synopsis

Edit

SoftBank Vision Fund 2 led a $155m Series B funding round in Blockdaemon, a developer of a node management platform. Additional investors include Matrix Capital Management, Sapphire Ventures, Morgan Creek Digital, Boldstart Ventures, Goldman Sachs, Greenspring Associates, CoinFund, Kenetic, Kraken Ventures, Borderless Capital, and Lerer Hippeau. "This latest large infusion of capital is another major milestone for Blockdaemon and will ensure that we continue to revitalize existing financial infrastructure around the globe. We are committed to a future of decentralized financial infrastructure and accelerating the ease of integration to bridge traditional banking to the crypto ecosystem. As regulations get further defined, a backer of the caliber of SoftBank and Masa’s experience is crucial," Konstantin Richter, Blockdaemon CEO and Founder.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US