Crypto
Blockspace closes funding round, targets Ethereum infrastructure business
Ethereum infrastructure company Blockspace has completed a new funding round. The round was led by BlueYard, with participation from EtherFi Ventures, Quasar Builder, Sharplink, BreedVC, Luganodes and Stakely, among other teams and individuals. Blockspace positions itself as an infrastructure company supporting Ethereum’s core product, blockspace. It earns ETH by staking and repeatedly restaking earned ETH, while keeping its ETH holdings at 15 percent of total staked volume.