Blockdaemon Acquires Crypto On-Ramp Company Gem

Blockdaemon, the leading institutional-grade blockchain infrastructure company for node management and staking, today announced it has acquired Gem, a leading cryptocurrency API company with a fiat-to-crypto on-ramp and a comprehensive trade data aggregation service for tracking crypto investments from a single location. The acquisition follows Blockdaemon’s recent Series C of $207 million with a post-money valuation of $3.25 billion.culpa qui officia deserunt mollit anim id est laborum. Galaxy Digital Partners LLC is serving as the exclusive financial advisor and Cooley LLP is acting as legal advisor to Blockdaemon.