DeFi company Blueprint Finance completes $9.5 million financing, led by Polychain Capital

ChainCatcher news, according to Fortune, cryptocurrency startup Blueprint Finance announced the completion of a $9.5 million funding round, led by Polychain Capital, with participation from YZi Labs and VanEck.

Blueprint Finance was founded by CEO Nic Roberts-Huntley in 2023, focusing on simplifying the asset appreciation process for cryptocurrency investors. The company has launched two products: Concrete, which offers lending services for the Ethereum ecosystem, and Glow, a lending platform based on the Solana blockchain.

The company plans to use the new funds for hiring, engineering development, and marketing. With the previous $7.5 million funding, Blueprint Finance's total funding to date has reached $17 million.