Artificial Intelligence | News | Insights | AiThority
[bsfp-cryptocurrency style=”widget-18″ align=”marquee” columns=”6″ coins=”selected” coins-count=”6″ coins-selected=”BTC,ETH,XRP,LTC,EOS,ADA,XLM,NEO,LTC,EOS,XEM,DASH,USDT,BNB,QTUM,XVG,ONT,ZEC,STEEM” currency=”USD” title=”Cryptocurrency Widget” show_title=”0″ icon=”” scheme=”light” bs-show-desktop=”1″ bs-show-tablet=”1″ bs-show-phone=”1″ custom-css-class=”” custom-id=”” css=”.vc_custom_1523079266073{margin-bottom: 0px !important;padding-top: 0px !important;padding-bottom: 0px !important;}”]

Blockdaemon Adds JPMorgan Chase Strategic Investments And Tiger Global As Strategic Investors And Acquires Blockchain Analytics Platform Anyblock Analytics To Extend Its NFT Offering

Blockdaemon, the world’s largest blockchain infrastructure company for node management and staking, announced adding two strategic investors, Tiger Global Management and JPMorgan Chase Strategic Investments and its growing footprint in Europe through the acquisition of Anyblock Analytics.

Top Insights: “Bitcoin Has No Intrinsic Value”. Then What Gives Bitcoin Value?

Blockdaemon has experienced incredible growth over the past year, increasing its valuation by 70x; its revenues by 20x; and its headcount by 5x. In addition, the company launched more than 25,000 nodes, averaging more than $10 billion in staked assets monthly and greatly expanded its presence globally in cloud regions and diversified data centers.

Tiger Global Management and JPMorgan Chase’s investment demonstrates the respected firms’ increased interest in cryptocurrency and blockchain as they become more mainstream.

“We are pleased to have Tiger Global and JPMorgan Chase join as strategic investors as we continue to power the blockchain economy around the world with our robust financial infrastructure, making it easier for banks and other institutions to tap into the crypto universe,” said Konstantin Richter, CEO and Founder, Blockdaemon.

Tiger Global is leading the charge in key tech startup investments focused on long-term investments in high-quality companies in growth stages that are led by stellar management teams and consistent deep engineering talent.

“Over the past year, Tiger Global has been strategically investing in the most promising companies in cryptocurrency and Blockdaemon’s contributions to the blockchain ecosystem and its rapid growth as a company fits well with our portfolio,” said John Curtius, Partner at Tiger Global.

Read More About AI News : Epazz Inc. Launches National Television Campaign On Bloomberg, Fox Business Network And Newsmax TV

Related Posts
1 of 26,701

JPMorgan Chase has been a global leader in blockchain for the last six years and has scaled the work into its Onyx by J.P. Morgan business unit, which aims to re-architect the way that money, information and assets are moving around the world using blockchain. One example of Onyx’s offerings is Liink, the first blockchain based information exchange network offered by a global bank to support payments transactions.

“Making a strategic investment in Blockdaemon is a logical next step in our multi-layered approach to investing in blockchain technology and we’re pleased to participate in the funding round as they continue to grow and scale their business,” said Umar Farooq, CEO, Onyx by J.P. Morgan.

The company also announced today that it is acquiring German company Anyblock Analytics, an infrastructure platform, providing API, on-chain analytic tools, monitoring, and node hosting services across various blockchain networks. As part of the acquisition, Anyblock’s team will be joining Blockdaemon, continuing Blockdaemon’s expansion in Europe by establishing a local presence in Germany.

“All of us are thrilled to join forces with Blockdaemon as our services and teams supplement each other nicely. We want to thank everyone that has gotten us to this point! Now we are looking forward to helping accelerate Blockdaemon’s growth even further and extending our relationships in the various ecosystems,” said Anyblock CEO Peter Eulberg.

The acquisition significantly strengthens Blockdaemon’s suite of offerings by expanding its Ubiquity data API capabilities in particular. As Blockdaemon also deepens its infrastructure support for the NFT space, the team and tooling from Anyblock will help support powering transactions behind the NFT ecosystem.

“We are also delighted to acquire Anyblock, which will allow us to integrate its Blockchain Data API solution for bridging access to protocols with our suite of APIs —while further expanding our footprint in Germany and Europe,” said Konstantin Richter.

Galaxy Digital Partners is serving as the exclusive financial advisor, and Cooley LLP and Bird & Bird LLP are acting as legal advisors to Blockdaemon on its acquisition of Anyblock Analytics.

Read More About AI News : Infosys Cobalt And MIT Technology Review Insights Launch ‘The Cloud Hub’ – A One-Stop Destination To Help Enterprises Navigate From Cloud Chaos To Clarity

[To share your insights with us, please write to]

Comments are closed.