Blockdaemon Inc. Due Diligence

Run due diligence on Blockdaemon Inc.: check compliance and get alerts when suppliers or ownership change.

United States · owned by Independent (United States) · blockdaemon.com · 10 vendors

Blockdaemon is an institutional blockchain infrastructure company founded in 2017 in San Francisco that provides secure, scalable infrastructure for digital asset products including staking, node management, MPC wallets/vaults, APIs, and tokenization services. The company secures over $110 billion in digital assets for 400+ institutional customers across 70+ global points of presence and 60+ blockchain protocols. It is ISO 27001-certified and SOC 2 Type II compliant, serving leading financial institutions with custody, settlement, and blockchain data services.

Resilience scores

Technology vendors

Insights

Last updated 2026-09-15 · revision 2

10 direct vendors, 163 subvendors

Direct vendors by controlling owner country (sample)

Subvendors by controlling owner country (sample)

Compliance

9 in-scope frameworks identified; showing 3.

Securities Act of 1933 — No public evidence

Blockdaemon's staking and other services involve digital assets, some of which could be considered securities by the SEC. The legal status of many digital assets is still being determined, making this a critical area of compliance.

Evidence: https://talents.vaia.com/companies/blockdaemon/head-of-compliance-131672210/, https://www.blockdaemon.com/blog/navigating-the-world-of-blockchain-compliance, https://aave.com/blog/blockdaemon, https://www.reveliolabs.com/companies/blockdaemon/employees

OFAC Regulations — Evidence found

Blockdaemon is a U.S. company and is therefore subject to the regulations enforced by the Office of Foreign Assets Control, which prohibits transactions with sanctioned individuals, entities, and jurisdictions.

Evidence: https://start.blockdaemon.com/hubfs/Downloads/Blockdaemon%20OFAC%20Report%202025.pdf, https://www.blockdaemon.com/resources/the-role-of-ofac-compliance-in-institutional-staking, https://www.blockdaemon.com/resources, https://www.weforum.org/organizations/blockdaemon/, https://www.blockdaemon.com/, https://www.forbes.com/companies/blockdaemon/

GDPR (source) — Evidence found

Blockdaemon has offices and employees in the EU, including Ireland, the UK, and Germany, and processes personal data of individuals in the EEA, making GDPR applicable.

Evidence: https://www.blockdaemon.com/privacy-policy

Financials

Three-year financials

Financial Resilience Score: 6/10

Blockdaemon shows a mixed resilience profile. On the positive side, the company has raised substantial cumulative capital (estimates range from $332M per Latka to $494M per PitchBook), reached a $3.25B valuation in August 2022, and reported being net income positive at the close of 2021. Revenue estimates indicate strong growth from ~$50M in 2024 to ~$75M in 2025 (+50% YoY), and the firm serves 400+ institutional clients securing over $110B in digital assets, providing a durable enterprise customer footprint with ISO 27001 certification and OFAC/NORS compliance. However, Blockdaemon is a private US company with no audited financial statements, no disclosed EBIT, equity, cash, or debt figures, which limits transparency for counterparties. Revenue is cyclically tied to crypto market prices, and employee reviews reference cost cuts, benefit reductions, and layoffs. Headcount has trended downward from ~270 historically to ~175-224 across various current estimates. The last priced funding round is more than four years old, predating the 2022-2023 crypto drawdown, creating meaningful down-round risk if new capital is required. Competitive pressure from Blocknative, Consensys, Alchemy, Figment, Dfns and others further constrains the resilience score.

Key strengths: Cumulative capital raised of $332M-$494M across multiple rounds, $3.25B unicorn valuation as of August 2022, Reported net income positive at close of 2021, 400+ institutional clients securing over $110B in digital assets, Revenue growth of ~50% YoY (2024 to 2025), Enterprise-grade compliance (ISO 27001, MPC key management, OFAC/NORS), Strategic partnership with Taurus (Feb 2026) extending reach to State Street, UBS, Santander

Risk factors: Revenue cyclicality tied to crypto prices, Workforce contraction from ~270 to ~175-224 employees, Stale valuation (last mark August 2022) with down-round risk, No audited financials, no disclosed EBIT/equity/cash/debt, Employee reports of layoffs and benefit cuts, Competitive pressure from Blocknative, Consensys, Alchemy, Figment, Dfns

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