ApideckTapeMonthly recap
← Embedded Finance Index 2026

Blockdaemon

“Can Blockdaemon become the dominant institutional-grade infrastructure layer—spanning node management, MPC custody, stablecoin rails, and staking—that regulated enterprises use to build and operate digital asset products?”

HQNew York, NY, USA
IndustryFintech / Crypto
The story

Blockdaemon positions itself as institutional-grade blockchain infrastructure—offering node management, staking, MPC wallet custody (Institutional Vault, Builder Vault), stablecoin infrastructure, and data/RPC services. The company has evolved from pure node infrastructure toward a comprehensive digital-asset platform for regulated institutions (banks, fintechs, custodians), adding transaction services, DeFi earn widgets, and stablecoin tooling. The embedded crypto angle is core: Blockdaemon sells infrastructure that other institutions embed into their own products.

Last 12 months
2025-12
2025-08
2025-06
Product timeline
2022
Launched industry-first staking slashing insurance coverage in partnership with Marsh.· insurance
2022
Integrated with Fireblocks to launch new staking services.· banking
The stack
2 layers disclosed in Blockdaemon’s embedded-finance stack
Lending
DeFi lending via Aave (Ethereum, Base, Arbitrum, Optimism)DeFi lending via Morpho (planned)
Crypto
in the full report
Accounting gap: none
2 more providers across 1 layer, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.

Blockdaemon — frequently asked

Which crypto provider does Blockdaemon use?

Blockdaemon's crypto products run on Fireblocks.

What is Blockdaemon's embedded finance stack?

The Embedded Finance Index 2026 maps 2 layers in Blockdaemon's stack: Lending (DeFi lending via Aave (Ethereum, Base, Arbitrum, Optimism) and DeFi lending via Morpho (planned)); Crypto (Fireblocks).

Where is Blockdaemon headquartered?

Blockdaemon is headquartered in New York, NY, USA.

Benchmark your own stack

Request an embedded finance strategy assessment

Get a read on where your own stack stands against Blockdaemon and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.

  • Your category, mappedHow your stack compares to Blockdaemon and the other companies in its category.
  • Build vs. buyWhere a provider relationship would close a gap faster than building it.
  • A named analyst, not a form replyA short call to scope what's actually worth assessing for you.

No newsletter, no sharing your address. We use this to reach out about the assessment and nothing else.