Blockdaemon to Acquire expand.network – Expanding Institutional DeFi Access
A Message from Demetrios Skalkotos – CEO & co-founder at expand.network
Today, we’re excited to announce that expand.network is joining forces with Blockdaemon , the leading institutional-grade blockchain infrastructure company. Our platform was designed to solve one of DeFi’s biggest challenges – scalable and integrated connectivity – by offering a single, integrated API that simplifies access to multiple blockchain ecosystems. With this acquisition, Blockdaemon strengthens its ability to provide a unified, secure and scalable integration for institutions exploring DeFi, just as regulatory clarity drives increased interest and adoption.
A shared vision for institutional DeFi
“We built expand.network to remove barriers to institutional on-chain adoption by providing scalable infrastructure for the next era of DeFi. Joining forces with Blockdaemon supercharges our mission, empowering institutional builders to accelerate on-chain innovation through a single abstracted API. As DeFi gains momentum, we’re excited to collaborate with the Blockdaemon team to drive more DeFi initiatives forward,” said Demetrios Skalkotos, expand.network CEO and Co-founder.
“We are excited to welcome expand.network’s team and technology,” said Konstantin Richter, Founder and CEO of Blockdaemon. “Their approach to simplifying Web3 connectivity aligns perfectly with our mission to provide institutional partners with seamless blockchain integration. This acquisition enhances our ability to offer a comprehensive suite of solutions in a rapidly evolving market. With institutions increasingly exploring DeFi, Blockdaemon is strategically positioned to support and accelerate this shift.”
What this means for our customers
With the acquisition, expand.network strengthens Blockdaemon’s offerings by integrating a unified API for DeFi transactions and on-chain data sourcing to its robust suite of institutional blockchain infrastructure solutions. It’s an exciting milestone for both the DeFi community and financial institutions. Together, we remain committed to delivering user-friendly, high-performance solutions – making on-chain trading and DeFi data more accessible than ever.
For our customers, it’s business as usual – only better. You’ll benefit from expanded capabilities, faster innovation, and an even broader range of institutional-grade DeFi services.
We’re thrilled to be joining the Blockdaemon team at this pivotal moment for DeFi.