Blockchain infrastructure developer Blockdaemon has reportedly managed to get itself recognized as a crypto unicorn, via obtaining $155 million through Series B fundraising for widening its scope. 

Specifically, following the successful Series B, the current overall value of Blockdaemon has reportedly reached the $1.255 billion benchmark. 

Up to now, the firm has reportedly secured a number of funds only a bit below the $190 million milestones, with the most recent funding round led by the Softbank Vision Fund 2.

Other investing entities taking part in the funding round also include Goldman Sachs, Kraken Ventures, Morgan Creek Digital, CoinFund, Matrix Capital Management, and Sapphire Ventures.

Konstantin Richter – founder and current Head of Blockdaemon – reportedly revealed that the freshly acquired financial support will be channeled towards widening the scope of DeFi infrastructure, as well as connecting digital assets with traditional banking.

The firm further remarked that, throughout the last 90 days, it has experienced a two-fold increase in the number of managed node counts, shooting up to 18000. 

Blockdaemon reportedly offers blockchain infrastructure solutions to a variety of networks, including Ethereum, Solana, Cardano, and Polkadot.

Blockchain infrastructure providers have reportedly witnessed a significant surge in their valuations, because of the developing mainstream and institutional interest in virtual assets.

The Bitcoin (BTC) infrastructure provider Blockstream from Canada reportedly finalized a $210 million investment round in August, helping its overall valuation hit $3.2 billion.