According to CoinMeta, Blueprint Finance announced the completion of a round of strategic financing led by Polychain Capital to expand its on-chain vault infrastructure Concrete for institutions, protocols, and asset managers. This round of financing also attracted participants such as Bullish, Keyrock, BitGo, FalconX, G-20, Flowdesk, JPEG Trading, Sentient Capital, Andes, and 2Square. Blueprint Finance stated that the financing will support the further development of Concrete, a system designed to simplify the operational work of institutions and asset managers in managing strategies across different DeFi protocols. The company is also collaborating with asset issuers, networks, and institutional distributors to develop vaults that support on-chain yield products.