Flashbots becomes unicorn after completing $60 million raise

Quick Take

  • Startup Flashbots raised $60 million from both venture capitalists and other players in the blockchain space.
  • News confirms report from The Block earlier this year that Flashbots sought to raise more capital.

Ethereum infrastructure service Flashbots has raised approximately $60 million at a valuation of $1 billion. 

The company filed with the Securities and Exchange Commission on July 21 to notify the agency it had raised about $30.4 million of the total it was seeking. More SEC filings are expected to become public in the near future, which will likely show the firm raised the total amount desired across the rolling closing.