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About InfStones
InfStones is a blockchain infrastructure provider offering node management and staking services. Its core business involves deploying, maintaining, and monitoring blockchain nodes across over 80 networks, with more than 20,000 nodes currently under management. Users access these services through APIs, eliminating the need to run their own infrastructure.
The main value proposition is enterprise-grade reliability. The platform provides high-availability node clusters, automated failover, and dedicated endpoints with guaranteed throughput, which are critical for institutional applications like trading systems or DeFi protocols. Multi-chain support also simplifies operations for teams working across different blockchains.
The market pain point is the technical burden of running nodes. Traditionally, this requires deep engineering expertise, continuous maintenance, and significant hardware costs. InfStones abstracts this complexity, allowing customers to focus on their core products rather than infrastructure.
Regarding recent developments, the company has expanded its node-as-a-service offering to support new projects, including partnerships with AI and data infrastructure networks. However, no major product launches or significant negative events were reported in the past six months. The service continues to operate without notable disruptions.
InfStones, founded in 2018 by Dr. Zhenwu Shi, began as a blockchain infrastructure provider focused on node management and staking services. Its early milestone came in 2019 when it became a validator node for Wanchain, marking its entry into PoS ecosystems. The company gained significant traction by securing a $10 million Series A round in 2021, led by Qiming Venture Partners, which enabled expansion of its node operations. In 2022, InfStones raised $33 million in Series B funding from investors including SoftBank and GGV Capital, solidifying its position in the industry. A key long-term achievement was its partnership with imToken in 2021 to launch non-custodial Eth2 staking, demonstrating its capability to support enterprise-grade infrastructure. Today, InfStones operates over 10,000 nodes across 50+ blockchain networks, serving major clients like Binance and Circle. Its sustained growth reflects a commitment to lowering barriers in blockchain access, evolving from a startup to a leading global infrastructure provider.
Zhenwu Shi (Founder & CEO)
Zhenwu Shi is the founder and CEO of InfStones. He holds a Ph.D. in Electrical and Computer Engineering from Georgia Institute of Technology and previously worked as a senior software engineer at Oracle and a platform engineer at C3 AI. Under his leadership, InfStones has become a leading blockchain infrastructure provider.