Blockdaemon Acquires DeFi Connection Company Expand, Promoting Institutional Entry into Web3

Blockdaemon, a blockchain infrastructure company, has acquired Expand, a DeFi connectivity firm. This acquisition aims to enhance Blockdaemon's capabilities in providing Web3 solutions to institutional clients. CEO Konstantin Richter emphasizes the strategic importance of this move in expanding their service offerings and strengthening their position in the blockchain industry.