What does Blueprint Finance do?
Blueprint Finance is a New York City–based decentralized finance infrastructure company that develops key protocols for asset management on Ethereum and Solana. Its platforms, Concrete and Glow Finance, enable developers, DAOs, and institutional allocators to launch and manage tokenized on-chain portfolios and build new derivative assets.
How much did they raise?
The company raised an additional $9.5M in a funding round led by Polychain Capital, with strategic participation from Yzi Labs (formerly Binance Labs) and contributions from investors including VanEck, Selini Capital, Portal Ventures, Auros, Halo Capital, Leadblock Bitpanda Ventures, BitGo, and Gate Ventures.
What are their plans for the money?
Blueprint Finance plans to use the funds to further grow its Concrete and Glow protocols, scale the development of new products, increase institutional adoption, and expand its go-to-market strategy, potentially reinforcing its position in the rapidly evolving DeFi space.
What have they achieved so far?
Since its stealth launch earlier this year, Blueprint Finance has successfully deployed a series of innovative products including liquidity bootstrapping campaigns and yield strategy vaults, collectively achieving over $650M in total value locked, in addition to making key strategic hires to enhance its technical and growth capabilities.