Antony Turner: Background and BlockDAG Network’s reported token-sale fundraising and Layer-1 plans

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In an industry where public information about teams and funding can vary widely, Antony Turner, CEO and Founder of BlockDAG Network, has presented himself publicly and has shared regular project updates. BlockDAG has been widely discussed in 2025, with the project reporting that it has raised nearly $435 million, attracted 312,000 holders, and distributed more than 20,000 mining units ahead of its broader network launch.

Rather than positioning BlockDAG as another blockchain, Turner has described it as a Layer-1 ecosystem intended to prioritize scale, efficiency, and accessibility. Project materials describe a leadership approach focused on execution and delivery, alongside an emphasis on performance and inclusivity.

From Financial Expertise to Blockchain Leadership

Antony Turner’s professional background predates BlockDAG. With experience in financial technology and operations, he has worked on simplifying complex systems for practical use. Before founding BlockDAG, he held the role of Chief Operating Officer at Spirit Blockchain Capital Inc., a publicly traded blockchain investment firm based in Switzerland. According to publicly available profiles, his work included interacting with regulated financial institutions and related compliance considerations.

Turner also created Switzerland’s first equal-weighted Crypto Index Fund, a project described as aiming to distribute exposure evenly across multiple cryptocurrencies. In BlockDAG’s public communications, the project states it is designed to address scalability while maintaining decentralization by combining Proof-of-Work (PoW) with Directed Acyclic Graph (DAG) concepts.

Leadership Defined by Clarity and Consistency

Turner’s approach has included public-facing communications about BlockDAG’s progress. The project says it has provided periodic updates, reports, and community AMAs, including around its reported fundraising totals and mining-unit shipments. As with other early-stage projects, independent verification of all claims may be limited, and readers may wish to consult primary sources and third-party reporting where available.

The project also lists a leadership team that includes Jeremy Harkness (Chief Technology Officer), Dr. Youssef Khaoulaj (Chief Security Officer), and an advisory board that it says includes Dr. Maurice Herlihy and Steven Clarke-Martin. These roles and biographies are presented by the project as part of its effort to show organizational structure and technical focus.

A Builder Who Understands Both People and Protocols

BlockDAG has also emphasized community participation. The project describes an “X1 mobile miner app” and reports more than 3.5 million users. It says a “Proof-of-Engagement” mechanism allows users to perform routine in-app actions that the project associates with BDAG-related participation. As with other applications in this category, how participation is measured and how any resulting token distribution works may depend on the project’s rules and technical implementation.

Beyond community engagement, the project’s roadmap highlights interoperability and developer tooling. BlockDAG states that EVM compatibility is intended to support integration with existing applications, and that future WebAssembly (WASM) support is planned to broaden developer language options. The project also describes an educational initiative called BlockDAG Academy, including on-chain certificates.

A Visionary Focused on Building for the Long Term

Turner’s professional history includes work in blockchain-related finance and an index-fund initiative, and he now leads BlockDAG through an early-stage fundraising period. BlockDAG has reported fundraising totals nearing $435 million. These figures and the project’s future milestones should be treated as project-reported unless independently confirmed.

In public statements, Turner has emphasized long-term architecture and governance. BlockDAG’s materials frame the effort as building an ecosystem intended to withstand market cycles and expand globally, but outcomes remain uncertain and depend on execution, adoption, and broader market and regulatory conditions.

Project website (for reference): https://blockdag.network

Telegram (project channel): https://t.me/blockDAGnetworkOfficial


This article contains information about a cryptocurrency token sale. This outlet is not affiliated with the project mentioned. This article is for informational purposes only and does not constitute financial or investment advice.

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