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FinTech news in BlockJoy category

Blockchain startup BlockJoy raised Series A round of $12M

The Boston-based startup aims to reduce operating costs by up to 80% for enterprises running staking nodes and APIs as a service, the two co-founders, Sean Carey and Chris Bruce, said to journalist. BlockJoy, a startup providing white label blockchain nodes as a service, raised a total of $12 million from its seed and Series A rounds, the company exclusi1vely shared with journalist. Carey, who also the Helium co-founder, and Bruce, a four-time founder, began BlockJoy as a staking service side project. In the long term, BlockJoy hopes to make its technology more accessible so that running a node is easy enough that anyone can do it, Bruce said.