{"id":64780,"date":"2022-07-22T16:42:34","date_gmt":"2022-07-22T13:42:34","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=64780"},"modified":"2025-09-06T16:18:21","modified_gmt":"2025-09-06T13:18:21","slug":"blockdaemon-acquires-sepior-a-digital-asset-security-specialist","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/blockdaemon-acquires-sepior-a-digital-asset-security-specialist\/","title":{"rendered":"Blockdaemon acquires Sepior, a digital-asset security specialist"},"content":{"rendered":"<p>Blockdaemon, the infrastructure blockchain company focused on institutional investors, has acquired Danish startup Sepior.<\/p>\n<blockquote class=\"twitter-tweet\" data-conversation=\"none\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">We\u2019re excited to have Sepior join the <a href=\"https:\/\/twitter.com\/hashtag\/Blockdaemon?src=hash&#038;ref_src=twsrc%5Etfw\">#Blockdaemon<\/a> family. Get the insider take on our latest announcement on the Blockdaemon Blog \ud83d\ude08 <a href=\"https:\/\/t.co\/r6RbTlE4Hv\">https:\/\/t.co\/r6RbTlE4Hv<\/a><\/p>\n<p>\u2014 Blockdaemon \ud83d\udccdEthCC Paris (@BlockdaemonHQ) <a href=\"https:\/\/twitter.com\/BlockdaemonHQ\/status\/1549788044634497025?ref_src=twsrc%5Etfw\">July 20, 2022<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The financial terms of the acquisition of the firm specialising in digital-asset security have not been disclosed.<\/p>\n<p>It is expected that Sepior\u2019s technology for securing cryptographic keys will enable on a single platform the integration of transaction management, node operations and liquid staking via a non-custodial solution.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>The integration of key management will link the platform&#8217;s various components, notably staking and its rebalancing. This will improve security and speed in the market for clients in the <span data-descr=\"business-to-business-to-consumer\" class=\"old_tooltip\">B2B2C<\/span> segment, the statement said.<\/p>\n<\/blockquote>\n<p>Sepior\u2019s solutions are also designed to ease users&#8217; connections to blockchains. In addition, the startup will offer custodial and non-custodial digital-asset wallet capabilities.<\/p>\n<p>The startup\u2019s MPC-based technologies address the problem of <a href=\"https:\/\/ru.wikipedia.org\/wiki\/%D0%95%D0%B4%D0%B8%D0%BD%D0%B0%D1%8F_%D1%82%D0%BE%D1%87%D0%BA%D0%B0_%D0%BE%D1%82%D0%BA%D0%B0%D0%B7%D0%B0#:~:text=%D0%95%D0%B4%D0%B8%D0%BD%D0%B0%D1%8F%20%D1%82%D0%BE%D1%87%D0%BA%D0%B0%20%D0%BE%D1%82%D0%BA%D0%B0%D0%B7%D0%B0%20(%D0%B0%D0%BD%D0%B3%D0%BB.,%D0%BA%D0%B0%D1%81%D0%BA%D0%B0%D0%B4%D0BD%D1%8B%D0%B9%20%D0%BE%D1%82%D0%BA%D0%B0%D0%B7).\">a single point of failure<\/a>, faced by many crypto-key management services. Due to improper use of keys or theft in 2021, investors lost assets worth more than $3.2 billion, the company noted.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cThe ability to securely store private keys is the cornerstone of the multi-billion\u2011dollar institutional crypto-finance industry,\u201d said Blockdaemon founder and CEO Konstantin Richter.<\/p>\n<\/blockquote>\n<p>The Sepior team joined the company, with former chief executive Ahmet Tunji leading the MPC Digital Asset Security division.<\/p>\n<p>Blockdaemon said this is its fourth acquisition in two years, following Gem, Anyblock Analytics and Lunie.<\/p>\n<p>Earlier, the company closed a Series C funding round of $207 million at a valuation of<a href=\"https:\/\/forklog.com\/en\/news\/blockdaemon-raises-207-million-at-a-3-25-billion-valuation\"> $3.25 billion<\/a>.<\/p>\n<p>Read ForkLog\u2019s bitcoin news on our <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">Telegram<\/a> \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Blockdaemon, the infrastructure blockchain company focused on institutional investors, has acquired Danish startup Sepior.<\/p>\n","protected":false},"author":1,"featured_media":64781,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[2197,1235],"class_list":["post-64780","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-blockdaemon","tag-mergers-and-acquisitions"],"aioseo_notices":[],"amp_enabled":true,"views":"17","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/64780","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=64780"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/64780\/revisions"}],"predecessor-version":[{"id":64782,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/64780\/revisions\/64782"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/64781"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=64780"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=64780"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=64780"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}