July 23, 2025 – DSRV, a leading global blockchain infrastructure company, today announced it has successfully secured approximately 16 billion Korean Won (approximately $11.5 million USD) in the initial close of its Series B funding round. This significant investment, achieved amidst a challenging market environment, underscores investor confidence in DSRV's robust operational capabilities, consistent profitability, and vast potential for new business expansion.
The funding round saw participation from prominent Korean investors, including Intervest, NICE Investment, and SK Securities. DSRV also anticipates a second close of the Series B round with additional financial institutions by the end of next month, further strengthening its capital base.
DSRV is at the forefront of building the next-generation financial infrastructure through blockchain technology, supporting over 70 major blockchain networks globally. The company is recognized as a global top 10 validator in the staking sector, managing over $3 billion USD in digital assets (equivalent to over 4 trillion KRW). This proven track record highlights DSRV’s expertise in providing reliable and high-performance infrastructure with a guaranteed 99.9% uptime.
"We are incredibly grateful to our investors who have shown faith in DSRV's growth potential, even in a difficult market," said Jiyun Kim, CEO of DSRV. "This investment will enable us to further advance our technological capabilities and aggressively recruit top talent in blockchain development and finance. Our goal is to expand beyond Korea and become a world-leading blockchain infrastructure company."
The newly secured capital will be strategically deployed to accelerate DSRV’s growth initiatives, including:
- Talent Acquisition: Aggressively recruiting top-tier blockchain developers and financial professionals to drive the convergence of traditional and digital assets.
- New Business Expansion: Scaling operations in high-growth areas such as stablecoin solutions, global payment infrastructure, and secure digital asset custody services. DSRV recorded approximately 10.7 billion KRW (approx. $7.7 million USD) in annual revenue and 3 billion KRW (approx. $2.15 million USD) in net profit last year, providing a stable foundation for these expansions.
- Global Market Penetration: Intensifying its global presence, with a particular focus on key markets including the United States, Japan, and Africa.
- Regulatory Compliance & Market Readiness: Continuing preparations for an Initial Public Offering (IPO) and the issuance of SOC reports, building on its existing Virtual Asset Service Provider (VASP) license in Korea.
- Product Innovation: Advancing its product suite, which includes staking solutions (native asset, liquid, and API staking), secure custody services, All That Node RPC services, WELLDONE Wallet, and the upcoming Bitcoin Staking offering.
DSRV's comprehensive suite of products and services, including its multi-chain WELLDONE Wallet and its commitment to enabling seamless financial solutions for everyone, positions it as a critical Web3 infrastructure partner. By expanding connectivity and providing robust, user-centric blockchain solutions, DSRV is building the highway to "bank the unbanked" and facilitate the flow of money in the digital economy.
About DSRV:
DSRV is a global blockchain infrastructure company providing next-generation financial solutions. With support for over 70 major blockchain networks and managing over $3 billion in digital assets, DSRV is a top 10 global validator. The company offers a suite of products including staking, custody, RPC services, and the WELLDONE Wallet, aiming to build a more connected and equitable financial future through decentralized technologies. DSRV is committed to innovation, security, and expanding the utility of digital assets worldwide. For more information, visit dsrv.com.About Intervest:
Intervest is a leading venture capital firm based in South Korea, known for its strategic investments in innovative technology companies across various sectors.About NICE Investment:
NICE Investment is a prominent investment company in South Korea, specializing in fostering growth in promising enterprises.About SK Securities:
SK Securities is a well-established financial services company in South Korea, providing a wide range of investment and brokerage services.Compiled by CMO Intern team