BlockApps has raised $41 million in a new funding round that will help the enterprise blockchain firm bring more real assets, such as agricultural and energy products, to its blockchain, according to a press release on Tuesday.

BlockApps helps businesses bring more transparency and traceability to their operations. The company focuses on running business networks on its STRATO blockchain solution, which is compatible with Ethereum. BlockApps plans to use the funds to grow its team and help more Fortune 500 companies, as well as startups, utilize its blockchain ecosystem.

The financing round was led by venture capital fund Liberty City Ventures, with participation from ConsenSys, Morgan Creek Digital, Eidetic Ventures and Givic, among others.

"[BlockApps is] solving some of the world’s biggest challenges and causing industries to re-think what’s possible with blockchain technology – especially when it comes to navigating the complexities of today’s sustainability challenges and supply chain issues," said Murtaza Akbar, founding partner at Liberty City Ventures, in the press release.

In the past, BlockApps has used its blockchain application to track the lifecycle of food and agriculture products, as well as for carbon data management. It has partnered with the likes of e-commerce giant Amazon, crop protection company Bayer Crop Science and Blockchain For Energy, an association of large energy companies.

The New York-based Liberty City Ventures has lately been pouring money into the crypto space. It co-led crypto custody provider Hex Trust's $88 million funding round with Hong Kong- based venture capital company Animoca Brands in March.

BlockApps raised $9 million in a previous funding round.