Blast
Ethereum Layer 2 with native yield
Founded 2023 · $20.0M raised
- Employees
- 1–10
- Founded
- 2023
- Business Model
- B2C
- Website
- blast.io
- Total Funding
- $20.0M
- Last Round
- $20.0M Venture RoundNov 2023
- Rounds
- 1
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
Indexed holds 1 funding round and 2 investors for this company. The full record is or through the API.
About
Blast is an Ethereum Layer 2 network that offers native yield for ETH and stablecoins, a feature that distinguishes it from other L2 solutions. Built as an EVM-compatible optimistic rollup by the team behind Blur (the NFT marketplace), Blast automatically earns yield on deposited assets through on-chain T-Bill protocols and ETH staking, passing those returns back to users by default. Founded in November 2023 by Tieshun Roquerre (known as Pacman), Blast raised $20 million and quickly accumulated over $1.65 billion in total value locked, ranking as one of the top Layer 2 networks by TVL.
Summary
Blast is a Crypto & Web3 company, founded in 2023. It has raised $20.0M in total across 1 round, most recently a $20.0M Venture Round in Nov 2023. Investors include Paradigm and Standard Crypto.
Tech & App Stack
6 technologies & apps tracked
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Funding History
Nov 2023
Investors
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