Blueprint Finance announced on Aug. 19 that it has completed a strategic funding round led by Polychain Capital to expand Concrete, its on-chain vault infrastructure designed for institutions, protocols, and asset managers. The company did not disclose the amount raised or its valuation.
Additional participants in the round included Bullish, Keyrock, BitGo, FalconX, G-20, Flowdesk, JPEG Trading, Sentient Capital, Andes, and 2Square. According to Blueprint Finance CEO and co-founder Nic Roberts-Huntley, the investor group brings diverse experience spanning liquidity, execution, custody, and distribution within the digital asset industry.
The financing will support the continued development of Concrete, a full-stack infrastructure system intended to help create and manage vaults that deploy capital across on-chain strategies. The system combines execution, accounting, risk controls, rebalancing, and protocol integrations into a unified vault architecture. Blueprint designed the structure to reduce the operational overhead associated with managing strategies across separate decentralized finance protocols.
Concrete functions as a programmable capital allocation system, allowing strategy rules and operational controls to be packaged within an on-chain product. Blueprint is positioning the infrastructure to meet professional allocators' requirements for auditable accounting, defined operational permissions, scalable execution, and transparent risk controls.
Alongside its core vault infrastructure, Blueprint is developing AssetCX and concUSD as additional products within the Concrete ecosystem. The company stated these offerings are intended to extend Concrete into the creation of new on-chain assets, markets, and financial products.
