Ethereum infrastructure company Blockspace has announced its formation and completed a new funding round, led by BlueYard, with participation from ether.fi Ventures, Quasar Builder, Sharplink, Breed VC, Luganodes, Stakely, and other institutional and individual investors. Blockspace generates revenue by operating Ethereum infrastructure and staking ETH, with a cap on its ETH holdings at 15% of the total network staking supply. Blockspace provides full-time teams and commercial resources to support the open-source project Blockspace Forum.
Ethereum infrastructure firm Blockspace announces launch and funding round.
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Summary
Ethereum news: Infrastructure firm Blockspace has launched and closed a funding round led by BlueYard, with participation from ether.fi Ventures, Quasar Builder, Sharplink, Breed VC, Luganodes, and Stakely. The company generates revenue through Ethereum infrastructure and ETH staking, capping its holdings at 15% of the total network staked amount. Blockspace also assigns full-time staff and commercial support to the open-source Blockspace Forum. This project funding underscores ongoing interest in Ethereum layer infrastructure development.
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