Bloq

What Bloq does

Bloq is a Chicago-based blockchain infrastructure and applications company founded in 2016 by Jeff Garzik, a former Bitcoin core developer and ten-year Red Hat veteran, and Matthew Roszak, founding partner of Tally Capital and Chairman of the Chamber of Digital Commerce. The company's core product is BloqCloud, a multi-chain infrastructure platform offering managed node clusters (Bloq Nodes, with proprietary QuickSync technology for rapid synchronization), blockchain APIs (Bloq Connect via REST and WebSocket), and staking services (Bloq Stake) across 10+ networks including Bitcoin, Ethereum, Algorand, Avalanche, Cardano, Polkadot, Polygon, Solana, and Tezos. Bloq also operates BloqLabs, a venture studio that has incubated and spun out a portfolio of Web3 projects: Titan (mining pools), Metronome (cross-blockchain synthetic assets), Vesper Finance (DeFi yield aggregator), Lumerin (hashpower marketplace), Atmos Labs (metaverse-native sports), Capsule NFT (NFT composability), and Pure Finance (developer tools). In 2017 the company acquired Skry, adding blockchain analytics with AI/ML anomaly detection.

Bloq generates revenue through subscription-based BloqCloud tiers (Free, Starter, Enterprise), usage-based hourly billing for managed nodes, and professional services via the BloqEnterprise offering (BloqThink). Go-to-market is hybrid: enterprise field sales targeting Fortune 500 financial institutions (Fidelity, Citibank, Discover) and global consultancies (Deloitte, PwC Australia, which co-launched Vulcan Digital Asset Services in 2016), combined with self-service developer sign-up on BloqCloud at console.bloq.cloud, payable via credit card or cryptocurrency. Customers include tier-one financial institutions, blockchain-native businesses, and protocol foundations (ETC Labs, Algorand Foundation, Ava Labs). The team of approximately 40 employees operates from Chicago and Atlanta, supported by an advisory board and broader ecosystem of ~120 people across spinoff entities.

Name

Bloq

Legal name

Bloq, Inc.

Website

https://bloq.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Short description

Bloq is a Chicago-based blockchain infrastructure company providing multi-chain managed nodes, APIs, and staking through BloqCloud, alongside a venture studio (BloqLabs) that incubates Web3 projects in DeFi, mining, NFTs, and the metaverse, serving both Fortune 500 financial institutions and blockchain-native developers.

Ownership category

akta.pro rank

Headquarters

HQ city

Chicago

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Infrastructure, Marketing or Sales, Operations

Revenue model

1. BloqCloud Subscriptions: BloqCloud services are primarily provided on a subscription basis with pricing tiers ranging from Free and Starter to Enterprise. Fees are due prior to commencement of the subscription term. Payable via credit card or cryptocurrency.
2. BloqCloud Non-Subscription (Pay-as-you-go): For certain service plans, Bloq offers hourly billing for services such as Bloq Nodes, with a minimum charge for 24 hours and per-hour billing thereafter. This applies when Bloq expressly agrees to permit a non-subscription plan.
3. BloqCloud Tiered Pricing: BloqCloud announced pricing tiers from 'Free' and 'Starter' through 'Enterprise', payable via credit card or cryptocurrency.
4. BloqCloud Enterprise SLA (paid): Enterprise service level agreements available for a fee on BloqCloud Connect services. ETC Labs provides free access to end-user developers for at least two years.
5. BloqLabs Spinoff Ventures: Bloq incubates and spins out blockchain projects (Vesper, Metronome, Titan, Atmos, CapsuleNFT) that operate as independent entities, potentially generating value through token economics and platform fees.
6. BloqEnterprise Professional Services: BloqThink strategic professional services component as part of BloqEnterprise BOS offering, providing high-level strategic advisory for enterprise blockchain deployments.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

Bloq operates BloqCloud, a multi-blockchain infrastructure platform that provides managed node clusters, blockchain APIs (REST/WebSocket), and staking services across 10+ networks including Bitcoin, Ethereum, Algorand, and Avalanche. The platform is sold to enterprise financial institutions (Fidelity, Citi) and blockchain-native developers, and is paired with BloqLabs, a venture studio that incubates and spins out Web3 protocols in DeFi, mining, NFTs, and the metaverse.

Product overview

Bloq is a blockchain technology company offering a platform-plus-ecosystem model. The core platform is BloqCloud, which provides multi-blockchain infrastructure services including Bloq Nodes (managed node clusters), Bloq Connect (blockchain APIs), and BloqStake (staking solutions). BloqCloud supports 12+ blockchain networks including Bitcoin, Ethereum, Algorand, Avalanche, and others. Beyond infrastructure, Bloq operates BloqLabs as a venture studio that has incubated and spun out multiple Web3 projects including Vesper Finance (DeFi yield aggregator), Metronome (cross-blockchain cryptocurrency with synthetic assets), Titan (mining management software), Lumerin (hashpower marketplace), Atmos Labs (metaverse sports), Capsule NFT (NFT composability), and Pure Finance (developer tools). The company also acquired Skry, a blockchain analytics platform using AI/ML for anomaly detection.

Differentiator

Problem solved

Functional benefit

Brands

• BloqCloud: Multi-blockchain infrastructure solutions including staking, nodes, and APIs for blockchain businesses.
• BloqConnect
• BloqNodes
• BloqStake
• Pure Finance
• BloqLabs
• Vesper Finance
• Metronome
• Titan
• Lumerin
• Atmos Labs
• Capsule NFT

Products and services

• BloqCloud Multi-blockchain, multi-service infrastructure platform providing managed nodes, blockchain APIs, and staking solutions for cryptocurrency businesses, blockchain developers, and enterprise financial institutions.
• Bloq Nodes (BloqNodes) Fully-managed, enterprise-ready private cluster of nodes for blockchain networks including Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Algorand, and Avalanche. Includes QuickSync technology for rapid node synchronization.
• Bloq Connect (BloqConnect) Scalable blockchain API connectivity delivering real-time network activity, indexed blockchain data, and event monitoring via REST and WebSocket APIs for application developers.
• BloqStake Staking solutions for Proof-of-Stake protocols and enterprises that support them, available for Ethereum, Algorand, Avalanche, and other PoS networks.
• BloqEnterprise (Blockchain Operating System) Multi-pronged enterprise blockchain software suite including BloqRouter (hardened Bitcoin full node), BloqDev (app development environment), BloqView (analytics dashboard), BloqSLA (24/7 enterprise support), and BloqThink (strategic professional services).
• Metronome (Cross-Blockchain Transfer / Chainhop) World's first cross-blockchain cryptocurrency protocol, enabling Metronome (MET) tokens to move between different blockchain networks for portability and protection from chain-specific governance failures.
• Metronome Mobile Wallet Mobile cryptocurrency wallet for iOS and Android, enabling users to send/receive MET and ETH, participate in Daily Supply Lot auctions, and use the Autonomous Currency Converter.
• Skry Blockchain Analytics Blockchain analytics platform allowing clients to manage, visualize, and analyze blockchain data from disparate sources, supporting anomaly detection (DDoS attacks, transaction fee spikes, block dynamics) on public and private blockchains using AI/ML.

Quantifiable outcome

• Reduced total cost of ownership by minimizing specialized in-house blockchain expertise requirements
• +2 more outcomes

Named customers6 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability4 records

Feature8 records

Partnerships

Six partnerships are on record, tiered core and minor.

• ETC LabscoreTechnology or Integration · 1 October 2019ETC Labs selected BloqCloud to deliver managed blockchain services for the Ethereum Classic and Ethereum developer communities. Bloq developed Ethereum Classic and Ethereum capabilities for BloqCloud Connect, providing APIs for querying/broadcasting transactions, indexed blockchain data, and real-time event monitoring. ETC Labs provides these services free to end-user developers for at least two years.
• BloqLabs Open Source Projects (Drivechains, Qtum, VeriBlock, bitcoinj, Android Bitcoin Wallet)minorStrategic or Co-development Partner · 1 January 2017BloqLabs sponsors and supports open-source blockchain projects including Drivechains (by Paul Sztorc), Qtum, VeriBlock, bitcoinj (maintained by Andreas Schildbach), and the Android Bitcoin Wallet. These projects expand Bloq's ecosystem and developer community reach.
• PwC AustraliacoreStrategic or Co-development Partner · 1 November 2016Bloq and PwC Australia co-launched Vulcan Digital Asset Services, a fintech platform enabling digital assets for everyday banking, commerce, and financial services. Vulcan provides digital currency wallets, international payment processing, and investment/trading services. Bloq co-founded Vulcan alongside PwC Australia, Libra, and Netki.
• DeloittecoreImplementation/ SI/ Consulting Partner · 1 January 2016Bloq partnered with Deloitte, which works with each of the top 30 banks globally, to build blockchain software solutions for leading companies worldwide. Bloq's software and expertise enable Deloitte to rapidly build and test blockchain ideas for clients in digital identity, digital banking, cross-border payments, loyalty and rewards, investment management, and insurance. This is part of Deloitte's initiative to develop blockchain-related prototypes.
• Fidelity InvestmentscoreStrategic or Co-development Partner · 1 January 2016Bloq worked with Fidelity Investments, delivering Fidelity's first Bitcoin wallet. Hadley Stern, who led Fidelity's cryptocurrency and blockchain incubator (including Fidelity Digital Assets launch), later joined Bloq as COO, creating a strong mutual relationship between the two organizations.
• Hyperledger Project (The Linux Foundation)minorStrategic or Co-development Partner · 1 January 2016Bloq is a member of the Hyperledger Project, an open-source initiative of The Linux Foundation. Jeff Garzik was elected to The Linux Foundation Board of Directors in 2016.

Scale indicators4 records

Recent moves20 records

Expansion highlights5 records

Direct peers

• Chainstack: Multi-chain blockchain infrastructure platform offering managed nodes and APIs to developers and enterprises - directly comparable in multi-chain scope and SMB-to-enterprise target market.
• Alchemy: Multi-chain blockchain infrastructure platform providing node, API, and developer tools across Ethereum, Polygon, Solana, and other networks - the most direct head-to-head competitor to BloqCloud in the developer infrastructure layer.
• Infura (Consensys): Multi-chain node and API infrastructure provider owned by Consensys, offering Ethereum and other chain connectivity to developers and enterprises - directly comparable to BloqCloud's managed node and API services.
• Blockdaemon: Institutional-grade blockchain node infrastructure and staking provider supporting 50+ protocols - competes with BloqCloud in enterprise node management and BloqStake in PoS staking services.
• QuickNode: Multi-chain blockchain infrastructure platform offering nodes, APIs, and tooling to developers and enterprises - directly comparable to BloqCloud across shared supported chains and target customers.
• Figment: Blockchain infrastructure provider focused on PoS staking and node services across multiple networks - the most direct competitor to BloqStake and a key peer for BloqCloud's node management offering.
• Ankr: Decentralized multi-chain node infrastructure and RPC provider with staking and DeFi services - competes with BloqCloud in API/RPC and BloqStake in staking across shared supported networks.

Broad incumbents

• Galaxy Digital: Public digital asset and blockchain infrastructure firm with trading, asset management, mining, and node operations - a much larger, diversified incumbent that overlaps with Bloq's mining (Titan) and broader infrastructure exposure.
• Coinbase Cloud (formerly Bison Trails): Institutional-grade blockchain infrastructure (nodes, staking, APIs) within Coinbase's broader exchange/custody franchise - directly overlaps with BloqCloud and benefits from Coinbase's distribution and balance sheet.

Others

• Paxos: Regulated blockchain infrastructure platform providing custody, tokenization, and brokerage services to enterprises and fintechs - thematically comparable as an institutional-facing crypto infrastructure provider, though with a narrower product focus than BloqCloud.

Market position

Strengths4 records

Weaknesses1 record

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/bloqinc
• GitHubgithub.com/bloq
• LinkedInlinkedin.com/company/bloq-inc

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries7 records

Funding overview

Funding rounds4 records

Investors7 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Bloq