BlockApps has raised $41 million in a new funding round to continue its expansion into the enterprise blockchain space, the company president and CEO Kieren James-Lubin.
Espresso Systems, the company behind the blockchain project, is led by Fisch, chief operating officer Charles Lu and chief scientist Benedikt Bünz, collaborators at Stanford who have each worked on other high-profile web3 projects, including the anonymity-focused Monero blockchain and BitTorrent co-founder Bram Cohen’s Chia.