Ecosystem & partners - who's building on Concrete
Sourced from Blueprint Finance's own press releases (Business Wire) and concrete.xyz/concretefoundation.xyz. This page tracks institutional integrations, not user-facing tools - see the Tools catalog for those.
The company behind Concrete
Concrete is built by Blueprint Finance, a multi-chain DeFi infrastructure company founded by CEO Nic Roberts-Huntley, that also runs the Solana-based Glow Finance. Blueprint has raised more than $17M to date, including a $9.5M strategic round led by Polychain Capital with participation from Yzi Labs (formerly Binance Labs), VanEck, BitGo, Selini Capital, Portal Ventures, Auros, Halo Capital, Leadblock, Bitpanda Ventures and Gate Ventures. For the founding team's background and details on Glow Finance, see Company & Glow Finance.
Institutional integrations
| Partner | What it does with Concrete |
|---|---|
| BitGo | BitGo Bank & Trust (OCC-regulated, non-depository trust bank) combines its qualified custody with Concrete's vault architecture, so institutional clients can access vetted DeFi strategies without giving up custodial security or compliance/reporting standards. |
| Figment | Figment (~$18B in assets under stake, the largest non-custodial ETH and SOL staking provider) partnered with Concrete to give its institutional clients access to Concrete yield strategies for assets like BTC and XRP - extending them beyond plain staking. |
| Binance Wallet | Concrete integrated directly with the Binance Wallet ecosystem, letting Binance Wallet users access institutional-grade USDT yield strategies from inside their native wallet interface. |
| Theo (thUSD) | Theo partnered with Concrete to launch the thUSD Genesis Vault, using Concrete's Earn V2 architecture to bootstrap liquidity and deploy capital programmatically for thUSD, Theo's yield-bearing stablecoin - rather than Theo building custom vault logic from scratch. |
Why this matters for depositors
None of these partnerships change how a deposit works for you (see Getting started) - they're plumbing that brings more capital and more institutional users into the same vaults retail depositors use. They're also a reasonable signal of due diligence: regulated custodians and large staking providers don't integrate without their own compliance review. That said, more TVL and more integrations do not remove smart-contract, strategy or market risk - see Risks.
Verifying a partnership claim
Recent announcements (dated)
| Date | Announcement |
|---|---|
| Oct 2024 | Blueprint Finance acquires Jet Protocol, a Solana lending platform, as the base for what becomes Glow Finance. |
| Apr 2025 | Glow Finance launches on Solana mainnet - a rebuild of Jet Protocol into a margin-account liquidity hub with $glowSOL restaking. |
| Jun 2025 | Blueprint Finance raises a $9.5M strategic round led by Polychain Capital, taking total funding past $17M; Concrete's TVL surpasses $650M at announcement. |
| Nov 2025 | Concrete partners with Figment to extend institutional yield strategies to BTC and XRP. |
This is a manually curated list from Blueprint Finance's own Business Wire / PR Newswire releases - it is not a live feed and will lag real announcements. Check concrete.xyz/news or Business Wire directly for anything more recent than what's listed here.