Blockspace has officially launched, positioning itself as an Ethereum infrastructure company dedicated to improving off-protocol infrastructure and driving demand for Ethereum blockspace. This funding round was led by BlueYard, with participation from ether.fi Ventures, Quasar Builder, Sharplink, Breed VC, Luganodes, Stakely, and other institutional and individual investors. The company’s business model is entirely denominated in ETH, generating revenue through the operation of Ethereum infrastructure and staking, and continuously re-staking those earnings to create a flywheel effect. To mitigate centralization risks, Blockspace has committed to capping its ETH holdings at 15% of the total network staking supply. Additionally, Blockspace will provide full-time teams and commercial resources to support Blockspace Forum, an independent nonprofit open-source project focused on coordinating the entire Ethereum transaction pipeline. The forum already brings together core teams from across the Ethereum ecosystem.
Ethereum infrastructure firm Blockspace announces launch and new funding round
TechFlowShare
Summary
Ethereum ecosystem news: Blockspace has officially launched as an Ethereum infrastructure firm focused on enhancing off-protocol infrastructure and increasing demand for Ethereum blockspace. The funding round was led by BlueYard, with support from ether.fi Ventures, Quasar Builder, Sharplink, Breed VC, Luganodes, and Stakely. The company operates entirely in ETH, generating revenue from infrastructure and staking services. It caps ETH holdings at 15% of the total network-staked ETH to prevent centralization. Blockspace also supports the open-source Blockspace Forum, which unites Ethereum transaction pipeline initiatives and includes core teams from the Ethereum ecosystem.
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