The round of financing was led by Polychain Capital and includes strategic investments from Yzi Labs and others

NEW YORK: Today, Blueprint Finance, a multi-chain DeFi infrastructure company and the core developer of both the Ethereum-based Concrete and Solana-based Glow Finance, announced it has raised a fresh $9.5 million in funding led by Polychain Capital, including a strategic investment from Yzi Labs (formerly Binance Labs). To date, Blueprint has raised more than $17 million. This raise includes participation from other leading investment and venture capital firms in the industry, including VanEck, Selini Capital, Portal Ventures, Auros, Halo Capital, Leadblock Bitpanda Ventures, BitGo, and Gate Ventures, among others.

Following last year’s $7.5M raise, Blueprint Finance emerged from stealth to launch Concrete, an Ethereum-based protocol building next-generation infrastructure for DeFi-native asset management. The platform enables developers, DAOs, and institutional allocators to launch, manage, and scale composable, tokenized on-chain portfolios, which also serve as the foundation for new derivative assets. Since launching earlier this year, Concrete has released a series of products that include liquidity bootstrapping campaigns for new networks as well as yield strategy vaults that have collectively gained over $650m in TVL. The funds in this round will be used to enable the continued growth of the Concrete and Glow protocols, scale new products, increase institutional adoption, and facilitate go-to-market expansion.

This raise comes on the heels of Blueprint’s expansion into the Solana ecosystem with the recent launch of Glow Finance in April. Glow was born from Blueprint’s acquisition of Jet Protocol, a Solana-native lending platform, in October 2024, which now serves as the substructure for the Glow protocol. Building upon this layer, Glow will introduce novel mechanisms such as portable margin accounts, automated yield vaults, and staking markets, while continuing to develop new features and soon-to-be-released new products.

“This round of fundraising comes at a time of rapid growth for our team,” said Nic Roberts-Huntley, CEO and co-founder of Blueprint Finance. “We’ve shipped two protocols on two of the most important and active ecosystems in DeFi, and this capital gives us the continued ability to build and serve both retail users and institutional-grade investors at scale.”

“The DeFi industry is entering a period of maturation marked by more sustainable growth, better risk management, and a strong focus on usability,” said Josh Rosenthal, general partner at Polychain Capital. “Blueprint Finance is building protocols designed with institutional-grade security and liquidity considerations in mind. The new era of DeFi, ushered in by protocols like Concrete and Glow, is set to meet the rising demand of an industry transitioning into a foundational component of the broader financial system.”

The Blueprint Finance team is composed of veterans from leading firms in both traditional finance and Web3, including Point72, Morgan Stanley, Consensys, and Coinbase. Additionally, the team has made a number of strategic new hires, including: Chief Growth Officer, Luke Hajdukiewicz, former Head of Sales at EigenLayer; Head of Product, Graeme Barnes, former Head of Product at Maple; Senior Smart Contract Engineer, Haythem Sellami, former Smart Contract Lead at Euler; and Engineering Manager, Gustavo Silva, former Staff Technical Lead at Consensys.

About Blueprint Finance

Blueprint Finance designs institutional-caliber DeFi solutions through its dual-protocol system. Concrete powers tokenized DeFi native asset management and the creation of new derivatives for any asset, while Glow powers yield, trading, and lending on Solana. Since launch, Blueprint has secured over $650M in total value locked by streamlining sophisticated financial engineering with intuitive user experiences. The company's quantitative framework transforms complex DeFi mechanisms into products that work reliably for both institutions and individuals alike. By eliminating traditional DeFi pain points like liquidation risk and capital fragmentation, Blueprint is building the technical foundation for broader institutional adoption of decentralized finance.

Fonte: Business Wire