# BlockSpaces

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/blockspaces

- Industry: Software
- Headquarters: Tampa, US
- Website: www.blockspaces.com
- Total disclosed funding: $7M
- Latest round: Seed (Dec 20, 2021)
- Investors on record: 4

## About

Based in the US, BlockSpaces, Inc. provides innovative middleware solutions for financial institutions, enabling them to utilize Bitcoin as collateral efficiently and effectively through their advanced platform.Founded in 2017 and headquartered in Tampa, US, BlockSpaces, Inc. specializes in advanced financial solutions leveraging Bitcoin. The firm has successfully closed 3 deals, with the most recent funding round occurring on May 28, 2025. The funding was led by Axiom BTC Capital, alongside contributions from Leadout Capital and Sand Harbor Capital, raising a total of USD 2.000 mn. The co-founders, Gabe Higgins and Rosa Shores, have a background in financial technology, with Rosa Shores currently serving as CEO.BlockSpaces primarily offers the Auto Reconciled Collateral Contracts (ARCC), a sophisticated middleware solution designed for financial institutions and corporate treasuries to leverage Bitcoin as a collateral asset effectively. ARCC facilitates trust-minimized, peer-to-peer bi-lateral contracts, specifically addressing the unique challenges associated with Bitcoin’s characteristics, such as custody, reconciliation, compliance, and risk management. The platform enables real-time margin calculations and automated collateral movements, allowing users to process large volumes daily with reduced counterparty risk through its non-custodial Smart Channel technology. This innovative service is aimed at institutional clients looking to optimize their treasury management and expand their operational capabilities in the Bitcoin ecosystem. BlockSpaces operates in various geographical markets, including North America and Europe, catering to a client base that includes financial institutions and corporations involved in Bitcoin finance.BlockSpaces generates revenue through its subscription-based model for the ARCC service, where financial institutions pay a recurring fee for access to the platform's comprehensive features. Clients utilize the ARCC for streamlined collateral management and risk mitigation strategies, executing transactions that involve the deployment of Bitcoin as collateral for loans and bonds, as well as derivative instruments like Bitcoin Forwards. The revenue structure is supported by B2B arrangements, where institutional clients engage with BlockSpaces to implement tailored solutions that integrate seamlessly into their existing treasury workflows. Pricing structures are designed to cater to varying client needs, ensuring that institutions can select plans that align with their operational scales and financial strategies. The focus on innovative solutions positions BlockSpaces as a crucial partner in the evolution of institutional Bitcoin finance.In May 2025, BlockSpaces, Inc. raised USD 2.000 mn in venture funding to support the launch of auto reconciled collateral contracts. The company plans to expand its product offerings and enhance the ARCC platform while targeting new markets in Asia and South America by the end of 2025. The recent funding will be utilized to develop and refine these new products, ensuring they meet the evolving needs of their institutional clientele.

## Funding rounds

- Seed, Dec 20, 2021, $5.8M — Block Funds, Leadout Capital, Brighter Capital, GTMfund
- Seed, Mar 24, 2021, $1.2M — Block Funds, Leadout Capital, Brighter Capital

## Investors

- Block Funds — Seed
- Leadout Capital (https://capitalatlas.ai/funds/leadout-capital) — Seed
- Brighter Capital — Seed
- GTMfund (https://capitalatlas.ai/funds/gtmfund) — Seed