Blueprint Finance said it has raised a strategic funding round led by Polychain Capital, with participation from BitGo, FalconX and Bullish, to support the growth of its institutional decentralized finance platform, Concrete.
The company said Concrete has surpassed $140 million in deposited assets and now processes more than $20 billion in annual transaction volume. Blueprint Finance plans to use the new capital to expand the platform’s vault infrastructure, build additional financial products and deepen ties with institutional service providers.
Funding aimed at institutional expansion
According to Blueprint Finance, the round is intended to accelerate development of Concrete as a DeFi infrastructure platform for institutional investors. The company said the backing from Polychain Capital and other strategic participants will help it broaden its reach among professional market users.
Blueprint Finance said a key focus will be expanding partnerships across areas that matter to institutions entering on-chain markets, including custody, liquidity provision and trade execution. The company presented the funding as part of a broader push to strengthen the operational framework around institutional DeFi access.
How Concrete is positioned
Concrete is described by Blueprint Finance as infrastructure for institutional investors and asset managers that want to manage digital assets on blockchain networks. The platform is built around vault services that take in assets such as stablecoins or Bitcoin and allocate them across multiple DeFi protocols according to preset strategies.
The company said those strategies are paired with automated risk-management features. Blueprint Finance said the system is designed to reduce the risk of forced liquidation that can occur when collateral values move sharply, a core concern for larger investors using on-chain financial products.
Scale of the platform
Blueprint Finance said Concrete currently holds more than $140 million in deposited assets. It also said the platform’s annual transaction volume has exceeded $20 billion, indicating activity levels that the company argues support further institutional buildout.
Those figures were provided by the company alongside the funding announcement. The statement did not disclose the size of the investment round, but it did outline where the proceeds are expected to go as Blueprint Finance expands the platform.
Next steps after the raise
Blueprint Finance said it will direct the funding toward scaling vault infrastructure and launching new products for institutional users. It also said the investment should support wider integration with counterparties and service providers involved in safekeeping assets, sourcing liquidity and handling execution.
The next confirmed step from the company is continued development of Concrete’s institutional offering. Based on Blueprint Finance’s statement, that includes adding infrastructure capacity and reinforcing the network of partners that institutions typically rely on when deploying capital into DeFi strategies.
Source: en.bloomingbit.io