Diligence memo · auto-generated · as of July 2, 2026
Blockchain Foundry Inc.
Blockchain Foundry Inc. looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Blockchain Foundry Inc. operates in Crypto / Web3, based in TORONTO.
Sub-sector tags: crypto/web3.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Blockchain Foundry Inc. has raised $8.9M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $8.0M on 2021-03-10.
Most recent recorded round closed around 2021-03-10.
Valuation (modeled)modeled
Provath models Blockchain Foundry Inc. at approximately $194M (range $8.9M–$901M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.00× the median modeled value of Series A Crypto / Web3 companies in 2019–2021 (9 peers) — value vs value, same stage and era. Within the normal band (100% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 39 months.
Last raise 5.3 yr ago; this sector typically re-raises about every 7 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 8.9× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 81% of Crypto / Web3 peers (196 compared).
Modeled value ranks above 87% of those peers.
Closest niche peers: Bitfxt, HIVE Blockchain Technologies Ltd., DigiCrypts Blockchain Solutions Inc., World NFT Research Institute, Notabene, Inc..
Peoplefiled
6 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.