May 18 , 2023, Tokyo, JP – Blockdaemon, the global leader in institutional Web3 services, is launching a concentrated effort to further blockchain adoption in Japan. Japan is globally recognized as a strategic center for blockchain technology and innovation, Blockdaemon believes the country is on the verge of becoming a global leader in the adoption and integration of Web3 and blockchain solutions.
Blockdaemon CTO, Chris Sharp, has been invited to speak at the prestigious Teamz Web3 Summit in Tokyo. As the official community partner for the summit, Blockdaemon will take the main stage on May 18th and discuss the future of blockchain technology in Japan, highlighting the importance of scalable and secure infrastructure in driving mass adoption.
Blockdaemon is focused on expanding and reinforcing its presence in Japan, and is excited to unveil its recent partnerships:
- Astar: Blockdaemon is an Astar collator and node access partner, running full nodes both for the Polkadot Relay Chain and the Astar parachain. With its industry-leading node-stack and expertise, Blockdaemon is supporting Astar's continued success and creating a single integration for builders on Astar. Aligned with the same ethos, Blockdaemon has been supporting Astar’s hackathons, events and incubation programs.
- CryptoGarage: The first regulated institutional digital assets infrastructure company; backed by Nomura and is a subsidiary of Digital Garage. With its world class custody platform integrated with Blockdaemon’s staking services, the partnership allows institutional customers to not only securely safekeep digital assets with CryptoGarage but also earn rewards on it.
- BitGo: BitGo is one of the largest and most established digital asset custodians and wallet infrastructure providers in the world, serving more than 1,500 institutional clients in over 50 countries. BitGo offers a wide range of custodial and non-custodial wallets as well as staking, trading, clearing and settlement. The partnership with BitGo ensures that customers can manage their digital assets with confidence, benefiting from the advanced security features that come with a trusted staking solution.
These strategic partnerships are essential to reinforce Japan’s leadership in the blockchain ecosystem, as the blockchain market in Japan is expected to record a 42.19% CAGR from 2023 to 2030.1
“Blockdaemon is devoted to promoting extensive blockchain development and adoption throughout the Asia-Pacific region. Recognizing Japan's significant role in Web3 advancement, Blockdaemon aims to develop product offerings focusing on Japan's unique blockchain assets, including crypto, NFTs, and GameFi. Blockdaemon is determined to enhance its presence in Japan and bolster the nation's pivotal position as a top Web3 center for blockchain use and adoption.” - Andrew Vranjes, GM, VP APAC.
Blockdaemon has witnessed strong blockchain adoption and a growing demand for reliable infrastructure in Japan. As seen with recent collaborations with key customers such as Fintertech, GMO Coin, and SBI VC Trade. Blockdaemon provides secure and scalable staking solutions with ETH protocol for Fintertech and SBI VC Trade, while offering GMO with multiple protocols including ETH, Polkadot, Cosmos, and more.
Over the years, Blockdaemon has become the largest independent blockchain infrastructure platform, maintaining 99.9% uptime, with support for 60+ protocols, and expanded to 70 points of presence globally with 10+ cloud and bare metal providers. Blockdaemon demonstrates its security first approach by adding multiple layers of risk mitigation, including ISO 27001 security certification, manual failovers, 100% slashing insurance, along with 24/7 monitoring and customer support. Blockdaemon has also just recently announced the launch of the Blockdaemon Wallet.
Looking ahead, the next stage of strategy for Blockdaemon in Asia Pacific including Japan is to continue to support and grow our customer base, deepen and build partnership relationships, hire and grow the local talent, and showcase promising projects in the digital assets space.
About Blockdaemon
Blockdaemon powers the blockchain economy with its suite of industry-leading infrastructure solutions. We are a globally established, single integration partner for accessing premier blockchain networks. We provide integrated business solutions to exchanges, custodians, crypto platforms, financial institutions, and developers using our end-to-end suite of blockchain tools, including dedicated nodes, APIs, staking, liquid staking, MPC tech, and more. https://www.blockdaemon.com/
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1 (2023) Japan Fintech Blockchain Market Forecast 2023-2030. rep. Inkwood Research. Available at: https://inkwoodresearch.com/reports/japan-fintech-blockchain-market/.
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