DSRV LABS

DSRV LABS

Leading validator and blockchain infrastructure provider based in Seoul, South Korea,.

HQ location
Seoul, South Korea
Website
Launch date
Employees
Enterprise value
$46—70m
Company register number
6598701307
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DateInvestorsAmountRound
investor

€0.0

round
investor

€0.0

round
investor investor

€0.0

round
*
N/A

$11.6m

Series B
Total Funding000k

Financials

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Revenues, earnings & profits over time
USD20222023
Revenues00000000
% growth-5 %
EBITDA00000000
Profit00000000
EV00000000
EV / revenue00.0x00.0x
EV / EBITDA00.0x00.0x
R&D budget00000000

Source: Dealroom estimates

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More about DSRV LABS
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DSRV LABS, a Seoul-based company established in 2019, operates as a crucial infrastructure provider within the blockchain ecosystem. The company was founded by Jiyun Kim, Jeongho Jeon, Jongkwang Kim, and Hyung-Kyu Choi, a team of developers with backgrounds at prominent technology firms like Samsung Electronics, Naver, and Kakao. Their collective experience in software engineering, machine learning, and blockchain development at these major corporations provided a strong foundation for DSRV. Initially launched as a non-profit lab, the founders' research into blockchain security led them to identify a market opportunity in node operation and validation, pivoting the company to its current focus.

The firm's core business revolves around providing Proof-of-Stake (PoS) validation services for over 70 major blockchain networks, including Ethereum, Solana, and Polygon. As a validator, DSRV is responsible for verifying the validity of transactions and maintaining the security and integrity of these networks, serving institutional token holders and developers who require direct and secure access. Its business model is commission-based, charging fees for its validation and Node-as-a-Service (NaaS) offerings. The company serves a global client base of over 160 institutions. Significant milestones include securing a Series A funding round of $23 million in 2021 and a Series B round of approximately $11.6 million in July 2025.

DSRV LABS offers a suite of products designed to support blockchain developers and enterprises. The primary offering is 'All That Node,' a global RPC infrastructure that simplifies access to various blockchain networks for developers. The company also provides institutional-grade staking services, enabling token holders to earn yield by participating in network security. Further expanding its product line, DSRV has developed the WELLDONE Studio, which includes tools like the WELLDONE Wallet and WELLDONE Code, and has ventured into secure asset custody and stablecoin-powered payment solutions. A notable achievement was the development of a proprietary post-hack security solution that won first place at the ETHOnline and Hack the Rainbow global hackathons in 2020.

Keywords: blockchain infrastructure, proof-of-stake, validator, node-as-a-service, staking services, institutional crypto, web3 developer tools, digital asset custody, All That Node, Jiyun Kim, Hyung-Kyu Choi, Jeongho Jeon, Jongkwang Kim, Seoul startup, crypto infrastructure, multichain support, enterprise blockchain, RPC provider, WELLDONE Studio, stablecoin payments, digital finance, blockchain security, Ethereum validator, Solana validator

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Investments by DSRV LABS

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4tale
ACQUISITION by DSRV LABS May 2021
Const
ACQUISITION by DSRV LABS Jun 2024