expand.network is a technology company.
expand.network has raised $18.0M across 1 funding round.
expand.network has raised $18.0M in total across 1 funding round.
expand.network has raised $18.0M in total across 1 funding round.
expand.network's investors include Cherry Ventures, Multicoin Capital, Pantera Capital.
expand.network is a blockchain technology company that provides a unified API platform simplifying institutional access to DeFi and on-chain operations across multiple blockchains.[3][4] It serves wallet providers, DeFi prime brokers, blockchain analytics firms, accounting firms, and asset managers by addressing connectivity challenges in Web3, offering tools for trade decoding, compliance checks, swaps, liquidity management across DEXs, staking, and lending protocols, along with high-quality on-chain data like DEX pricing and wallet analytics.[3][4] The platform acts as an outsourced infrastructure partner, enabling scalable operations throughout the trading lifecycle from pre-trade analysis to post-trade reconciliation, with a modular architecture for efficiency.[3][4] As of late 2025, expand.network is in the process of being acquired by Blockdaemon, a leading institutional blockchain infrastructure provider, marking Blockdaemon's fifth acquisition and enhancing its DeFi capabilities.[3][4]
expand.network was co-founded by Demetrios Skalkotos, who serves as CEO, with a focus on building scalable infrastructure to remove barriers to institutional on-chain adoption in DeFi.[3][4] The idea emerged to tackle DeFi's core challenge of fragmented connectivity across ecosystems, providing a single abstracted API for seamless integration rather than requiring multiple custom connections.[3][4] Early traction came from a diverse client base including institutions and wallet providers relying on its comprehensive on-chain data and trading tools, positioning it as a key enabler for Web3 scaling amid rising DeFi momentum.[3][4] Note that expand.network is distinct from the defunct Expand Networks (1998-2011), a WAN optimization firm unrelated to blockchain.[1][2]
expand.network rides the institutional DeFi adoption wave, capitalizing on regulatory clarity and growing demand for on-chain finance as traditional finance integrates with Web3.[3][4] Its timing aligns with market forces like exploding DeFi transaction volumes, fragmented blockchain ecosystems, and institutions seeking efficient, compliant infrastructure without building in-house solutions.[3][4] By abstracting complexity, it influences the ecosystem by accelerating builder innovation, lowering entry barriers for non-native Web3 players, and fostering liquidity across chains—much like how API gateways standardized cloud services.[3][4] The pending Blockdaemon acquisition amplifies this, embedding expand.network's tech into a broader infrastructure suite to drive mainstream on-chain trading.[3][4]
Post-acquisition by Blockdaemon, expand.network's tech will likely expand into a cornerstone of institutional DeFi infrastructure, supercharging unified APIs for even broader chain coverage and advanced analytics.[3][4] Trends like tokenized real-world assets, AI-driven trading, and clearer U.S./EU regulations will shape its trajectory, potentially evolving it into a dominant on-chain data and execution layer.[3][4] Its influence may grow by powering more enterprise-grade DeFi apps, tying back to its core mission of seamless Web3 connectivity that expand.network pioneered for institutions.
expand.network has raised $18.0M across 1 funding round. Most recently, it raised $18.0M Seed in October 2024.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Oct 1, 2024 | $18.0M Seed | Cherry Ventures, Multicoin Capital, Pantera Capital |