Blockchain technology continues to reshape enterprise operations, with over 60% of businesses recognizing its potential to maintain competitive advantage. Yet, many organizations struggle with inefficient infrastructure development or rely on centralized DevOps solutions that lock them into single-cloud ecosystems. This dependency often leads to high costs, technical debt, and limited flexibility across blockchain protocols. Enter Blockdaemon—a pioneering force in decentralized infrastructure that empowers enterprises to deploy, scale, and manage blockchain nodes seamlessly across hybrid environments.
With a mission to simplify blockchain integration through institutional-grade security and high availability, Blockdaemon has emerged as the largest independent blockchain node infrastructure provider globally. Backed by top-tier investors and trusted by over 300 institutional clients, the company supports more than 40 leading blockchain networks across cloud and bare-metal deployments.
Company Overview
Blockdaemon was founded in 2017 by Konstantin Richter in Los Angeles, California. Since its inception, it has rapidly evolved into a critical enabler of enterprise blockchain adoption. The company achieved a valuation of $3.25 billion in 2022 following a successful Series C funding round, reflecting strong market confidence in its vision and execution.
Blockdaemon’s platform is designed for exchanges, custodians, financial institutions, crypto platforms, and developers seeking reliable access to blockchain networks without compromising decentralization or control.
👉 Discover how enterprises are accelerating blockchain deployment with scalable node infrastructure.
Founders and Leadership Team
Konstantin Richter – Founder & CEO
Konstantin Richter’s journey into blockchain began in 2015 while managing Ethereum nodes, where he identified a critical gap: the lack of robust tools for scaling blockchain infrastructure. Drawing from his experience at Deutsche Telekom, Nokia, and Wiredrive, Richter founded Blockdaemon to solve this challenge.
Today, he serves as CEO and plays an active role in shaping the future of decentralized systems. He also contributes to industry innovation as a Board Director at Odyssey House and an advisor to DNAstack and MadHive.
Executive Leadership
Blockdaemon’s success is driven by a seasoned leadership team:
- Chris Sharp – Chief Technology Officer
- Nav Rai – VP of Finance
- Shannan Stewart – Chief of Staff
- Amor Sexton – Head of Operations
- Katie DiMento – VP of Marketing
- Corinne Smith – Head of People
The company employs nearly 250 professionals dedicated to advancing blockchain accessibility and reliability.
The Startup Story: From Vision to Global Impact
The genesis of Blockdaemon traces back to Richter’s firsthand experience with the limitations of existing blockchain infrastructure. In 2017, as token markets surged and decentralized applications gained traction, he observed a disconnect between developer expectations and network performance. Traditional cloud tools were ill-suited for maintaining synchronized nodes across distributed ledgers.
To bridge this gap, Richter launched Blockdaemon in October 2017 with a clear objective: empower developers to focus on building blockchain applications without worrying about underlying infrastructure.
Key milestones include:
- March 2020: Launch of Ubiquity API
- February 2022: Expansion into APAC region
- March 2022: Entry into EMEA market
- July 2022: Release of Ubiquity API V1 and ISO 27001 certification
- October 2022: Introduction of Staking API
- April 2023: Launch of Blockdaemon Wallet
These developments underscore the company’s commitment to innovation and enterprise-grade compliance.
Mission and Vision
Blockdaemon aims to reduce the complexity of working with blockchains by offering:
- Rapid configuration
- Real-time monitoring for high availability
- Enterprise-level security
- Seamless cross-chain interoperability
Its vision is to become the foundational layer for the decentralized internet—enabling organizations to interact with any blockchain protocol securely and efficiently.
Business Model: Powering the Blockchain Economy
Blockdaemon operates on a platform-as-a-service (PaaS) model, providing APIs and automated infrastructure management tools that streamline node deployment and maintenance.
Key features include:
- Auto-decentralization: Ensures nodes remain distributed across geographies
- High-availability clusters: Minimizes downtime
- Auto-healing nodes: Automatically recovers failed instances
This approach allows new entrants to test multiple production-grade blockchains before committing to a specific protocol, while experienced firms can extend their DevOps workflows across multi-cloud environments.
👉 Learn how businesses are future-proofing their blockchain strategy with resilient node solutions.
Products and Services
Blockdaemon offers a comprehensive suite of products tailored for institutional use:
Wallet Solutions
- Institutional Wallet: Secure custody solution for enterprises
- Builder Vault: Developer-focused vault with API integration
Nodes & APIs
- Universal API: Unified interface for interacting with multiple blockchains
- Native API: Direct access to individual blockchain protocols
- Dedicated Nodes: Fully managed, single-tenant nodes for enhanced control
Staking Services
- White-label Validators: Customizable staking infrastructure for brands
- Staking API: Programmatic staking across supported networks
These services support over 40 blockchains, including Ethereum, Solana, Polkadot, Cosmos, and Bitcoin.
Funding and Investors
Blockdaemon has raised **$431.3 million** across more than 10 funding rounds. Its most significant raise came in January 2022 with a $207 million Series C round led by Sapphire Ventures and Tiger Global Management.
Other notable investors include:
- Goldman Sachs
- J.P. Morgan
- SoftBank Investment Advisors
- Citi Ventures
- CoinShares
- Comcast Ventures
This robust backing highlights institutional trust in Blockdaemon’s role in shaping the future of blockchain infrastructure.
Strategic Acquisitions
To enhance its technological capabilities, Blockdaemon has acquired four companies:
- Lunie (Feb 2021): Web3 staking interface
- Anyblock Analytics (Nov 2021): Blockchain data indexing
- Gem (Mar 2022): Multi-chain wallet and key management
- Sepior (Jul 2022): MPC-based digital asset security
These acquisitions have strengthened its offerings in security, analytics, and user experience.
Growth Trajectory
Blockdaemon achieved remarkable growth between 2021 and 2022:
- Valuation increased from $1.255 billion to $3.25 billion (70x increase)
- Revenue grew 20x year-over-year
- Headcount expanded 5x
The company now operates over 85,000 nodes with more than 70 global points of presence, serving clients across finance, technology, and digital asset sectors.
Key Partnerships
Blockdaemon collaborates with leading players in the blockchain ecosystem:
- Stakewise
- BitGo
- Elrond Network
- Astar Network
- Crypto Garage Inc.
- B2C2
- RIDDLE&CODE
These partnerships enhance interoperability and expand service reach across decentralized finance (DeFi), NFTs, and enterprise blockchain solutions.
Industry Recognition
Blockdaemon’s impact has been widely acknowledged:
- Named one of the Top Blockchain Companies of 2022 by CB Insights
- Konstantin Richter listed among the Top 25 Crypto Executives in 2022
Such accolades reinforce its position as a leader in secure, scalable blockchain infrastructure.
Core Keywords
blockchain infrastructure, node deployment, enterprise blockchain, staking API, decentralized networks, institutional-grade security, blockchain nodes, API integration
Frequently Asked Questions (FAQs)
What does Blockdaemon do?
Blockdaemon provides enterprise-grade blockchain node infrastructure that enables businesses to deploy, scale, and stake on multiple blockchains securely. It offers APIs, dedicated nodes, wallet solutions, and staking services with high availability and monitoring.
Who is the founder of Blockdaemon?
Konstantin Richter founded Blockdaemon in 2017 and currently serves as its CEO.
When was Blockdaemon established?
Blockdaemon was founded in October 2017.
How many blockchains does Blockdaemon support?
The platform supports over 40 major blockchain networks, including Ethereum, Solana, Bitcoin, Polkadot, and Cosmos.
What sets Blockdaemon apart from competitors?
Unlike centralized providers, Blockdaemon offers independent, multi-cloud node infrastructure with auto-healing capabilities, institutional security standards (ISO 27001 certified), and white-label staking solutions—enabling true decentralization at scale.
Who are Blockdaemon’s main competitors?
Primary competitors include Coinbase Institutional, Blockstream, Hyperledger, Corda, BlockApps, and GrainChain.
👉 See how leading institutions are leveraging secure blockchain infrastructure today.