Blockdaemon, a key player in crypto infrastructure, has acquired expand.network for a sum in the double-digit millions of dollars. This acquisition aims to facilitate large financial institutions’ access to decentralized finance (DeFi) through a single API connection. Expand.network connects to over 170 endpoints, including decentralized exchanges, bridges, lending protocols, and oracles. Blockdaemon supports around 70% of the top 500 institutions active in the crypto space. The company manages over 250,000 nodes across 40 data centers and handles staking rewards. Additionally, Blockdaemon has introduced cross-blockchain, self-custody wallet offerings. The move into DeFi is seen as a way to reduce costs for banks and institutions, with significant long-term benefits anticipated.
konstantin richter
@konstantin11
·
17m With the acquisition of
@expand_network
,
@BlockdaemonHQ
allows institutions to seamlessly engage with liquidity pools across dozens of chains and projects with one simple integration. DeFi platforms offer the most transparent and competitive financial ecosystem, and its
CoinNess Global
@CoinnessGL
·
1h Blockdaemon acquires http://Expand.Network to boost institutional DeFi access
Blockchain infrastructure provider Blockdaemon has acquired http://Expand.Network, a DeFi API platform that connects to over 170 endpoints, including DEXs, bridges, lending protocols and oracles.
Raphaël Bloch
@Raph_Bloch
·
Mar 14 “American bank demand has tripled within months”
During my hour with
@konstantin11
, CEO of
@BlockdaemonHQ
, he detailed how they’re providing crypto solutions to major institutions like
@Fidelity
The momentum in the US is remarkable!
@TheBigWhale_
The Big Whale
@TheBigWhale_
·
Mar 14 Founded in 2017,
@BlockdaemonHQ
has emerged as a leading provider of institutional crypto infrastructure services, including staking, nodes, and wallets
Exclusive interview with its CEO
@konstantin11
Bibo
@PapaBibo
·
1h Blockdaemon Acquires DeFi Connectivity Firm Expand to Bring Institutions to Web3 https://coindesk.com/business/2025/03/19/blockdaemon-acquires-defi-connectivity-firm-expand-to-bring-institutions-to-web3… #BTC
nicu
@nicucrypto
·
Mar 14 OpenEden just integrated $LINK CCIP, and they are backed by Blackrock. Take notes Securitize, this is how the real big boys get stuff done.
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional
Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes.The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
