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Blockdaemon Acquires DeFi Connectivity Firm expand.network to Bring Institutions to Web3

Summary by Coin Desk
Blockdaemon, a leading provider of crypto infrastructure, has acquired expand.network, a single API connection into the multifarious world of decentralized finance (DeFi), with a view to enabling big financial institutions to seamlessly access on-chain trading.The exact price paid for expand.network was not revealed, but Blockdaemon said the deal was worth double digit millions of dollars. The firm provides API access to DeFi, enabling connectio…

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Cointelegraph broke the news in on Tuesday, March 18, 2025.
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