As an experienced financial analyst with a background in blockchain technology and data analysis, I find Chainbase’s latest funding round to be an exciting development in the crypto industry. With Tencent Investment Group, Matrix Partners, and Hash Global on board as investors, the company is well-positioned to make strides in building an interoperability layer that delivers unbiased data from the entire cryptocurrency spectrum.
The data network Chainbase, part of Omnichain, has secured $15 million in its Series A round from prominent investors including Tencent Investment Group, Matrix Partners, and Hash Global.
Chainbase functions as a connective interface, constructing the inaugural comprehensive framework in the crypto sphere for retrieving data from various cryptocurrencies, as stated in a Thursday email communication.
As an analyst, I would express it this way: My goal is to deliver impartial and clear-cut information that isn’t subject to manipulation by a select few market leaders.
With the newly acquired funds, Chainbase aims to expand its network, boost usage, and enhance its artificial intelligence technology.
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2024-07-18 17:24