When was Blast founded?

Blast was founded in 2011 and raised its 1st funding round 12 years after it was founded.

Where is Blast located?

Blast is headquartered in British Virgin Islands.

Who is the current CEO of Blast?

Ruben Frederic of Blast. They have also founded 1 company.

Is Blast a funded company?

Blast is a funded company, having raised a total of $***** in its 1st and only funding round, a Series A round on Nov 27, 2023.

When was the latest funding round of Blast?

Blast's latest funding was a $***** Series A round on Nov 27, 2023, with participation from 2 investors.

Where does Blast rank among its competitors?

Blast ranks 34th amongst 585 active competitors, of which 117 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Figment, which secured an undisclosed amount in Oct, 2025.

Who are the top competitors of Blast?

Blast's top competitors include ether.fi, Figment and Lido. Among them, Figment secured the most recent funding round in October, 2025.

Blast - 2026 Company Profile, Team, Funding, Competitors & Financials

Blast is a series A company based in British Virgin Islands, founded in 2011 by Ruben Frederic. It operates as a Provider of blockchain ecosystem offering staking solutions. Blast has raised $20M in funding from CGV. The company has 585 active competitors, including 117 funded and 17 that have exited. Its top competitors include companies like ether.fi, Figment and Lido.

Company Details

Provider of blockchain ecosystem offering staking solutions. It offers an Ethereum layer two blockchain protocol that enables users to earn yields on Ethereum and stablecoins. It offers platform native yield and its features include auto-rebasing, layer one staking, t-bill yielding, and more.

Website: blast.io/en
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Key Metrics

Founded Year

2011

Location

British Virgin Islands

Stage

Series A

Total Funding

$20M in 1 round

Latest Funding Round

Series A, Nov 27, 2023, $*****

Investors

CGV & 1 more

Ranked

34^th among 585 active competitors

Similar Companies

ether.fi & 576 more

View Blast's full profile

Blast is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
BLAST FOUNDATION CIN: 7398503 , United Kingdom, Deadpooled	Oct 05, 2010	-	5 (As on Oct 31, 2022)

Blast has raised a total funding of $20M over 1 round. Its latest funding round was a Series A round on Nov 27, 2023 for $*****. 2 investors participated in its latest round. Blast has 2 institutional investors.

Here is the list of recent funding rounds of Blast:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 27, 2023	6712459	Series A	8960447	3801422	6465560	6554615

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View details of Blast's funding rounds and investors

The founders of Blast is Ruben Frederic. Ruben Frederic is the CEO of Blast.

Here are the details of Blast's key team members:

Ruben Frederic: Founder & CEO of Blast.

View details of Blast's Founder profiles and Board Members

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Top competitors of Blast include ether.fi, Figment and Lido. Here is the list of Top 10 competitors of Blast, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	ether.fi 2022, George Town (Cayman Islands), Series A	Liquid staking protocol	$32.3M	Chapter One, CoinFund & 29 others	70/100
2nd	Figment 2018, Toronto (Canada), Series C	Online platform for the staking solution	$165M	Bonfire Ventures, Thoma Bravo & 58 others	70/100
3rd	Lido 2020, Finland, Series A	Non-custodial staking solution for cryptocurrencies	$72M	ParaFi, Semantic Ventures & 22 others	63/100
4th	EigenLayer 2021, Seattle (United States), Series B	Provider of verifiable cloud computing platform	$241M	Andreessen Horowitz, Polychain & 27 others	62/100
5th	CyberConnect 2021, Palo Alto (United States), Series A	Web3 social network platform	$25M	Sky9 Capital, INCE CAPITAL & 25 others	62/100
6th	BTCS 2013, Public	Provider of blockchain infrastructure node operations and digital asset staking	$1.88M	Blockchain Technologies	61/100
7th	Puffer Finance 2022, United States, Series A	Anti-slashing liquid staking protocol	$24.2M	Binance Labs, Electric Capital & 33 others	60/100
8th	Tokens.com 2020, Toronto (Canada), Public	Blockchain-based technology focused on transaction processing and validation services for various digital assets	$25M	-	60/100
9th	Symbiotic 2024, Finland, Series A	Platform offering a generalized shared security system for decentralized networks	$34.8M	Paradigm, Pantera Capital & 2 others	60/100
10th	P2P 2018, George Town (Cayman Islands), Series A	Provider of a non-custodial staking platform for cryptocurrencies	$23M	Jump Crypto, Sygnum & 2 others	60/100
34th	Blast 2011, British Virgin Islands, Series A	Provider of blockchain ecosystem offering staking solutions	$20M	Paradigm, CGV	49/100