Card1Ventures, Led by Gary Cardone, Invests $4 Million into Node40 to Accelerate Expansion and Innovation in Blockchain Infrastructure

By Grit Daily Staff Grit Daily Staff has been verified by Muck Rack's editorial team
Published on April 18, 2023

Card1Ventures, a leading venture capital firm focused on disruptive technologies, announced today that it has invested $4 million into Node40, a prominent blockchain infrastructure company. This strategic investment aims to fuel Node40’s growth, enhance its product offerings, and further expand its presence in the rapidly evolving blockchain industry.

Node40, known for its innovative suite of blockchain tools and services, specializes in simplifying the deployment and management of blockchain nodes. With its advanced infrastructure solutions, Node40 has been instrumental in the adoption of blockchain technology by businesses worldwide.

“The blockchain industry is at an inflection point, and we believe Node40 is well-positioned to be a driving force in its continued expansion,” said Gary Cardone, General Partner at Card1Ventures. “We are excited to partner with Node40’s exceptional team to bring new and innovative solutions to the market that will propel the mass adoption of blockchain technology.”

Leveraging Card1Ventures’ investment, Node40 is poised to expand and refine its existing suite of blockchain infrastructure solutions. By incorporating support for a wider range of blockchain protocols and launching innovative services, such as decentralized finance (DeFi) solutions, Node40 will continue to build on its industry-leading offerings. The strategic funding will further empower the company to strengthen its global presence and bolster marketing initiatives, ensuring that Node40’s comprehensive solutions reach an increasingly diverse audience.

“We are thrilled to have Card1Ventures on board as a strategic investor and partner,” said Perry Woodin, CEO and Co-founder of Node40. “Their investment and expertise in disruptive technologies will greatly benefit our company’s growth and help us further solidify our position as a leader in the blockchain infrastructure space.”

As the blockchain industry continues to evolve at breakneck speed, the collaboration between Card1Ventures and Node40 promises to leave a lasting impact on the global stage. In an exciting development for the blockchain community, Gary Cardone will be sharing his insights and expertise on this strategic partnership and the future of blockchain technology at Grit Daily House during the upcoming Consensus Festival. His presence at this prestigious gathering will undoubtedly inspire and empower fellow entrepreneurs, investors, and enthusiasts.

By Grit Daily Staff Grit Daily Staff has been verified by Muck Rack's editorial team

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