Not a unicorn but very close. QuickNode's $800 million valuation shows that investors have their eyes on scaling multichain infrastructure.
Blockchain development platform QuickNode has closed a $60 million funding round as part of a global expansion intended to onboard more users and developers to Web3 applications.
The Series B raise, which valued QuickNode at $800 million, was led by venture capital firm 10T Fund, with participation from Tiger Global, Seven Seven Six and QED, the company announced on Jan. 24. QuickNode’s management said the capital would fund its global expansion and streamline the transition to Web3 “at scale,” which includes providing developers with the deployability required to onboard new blockchain users.when it raised $35 million
as a seven-month-old startup. Between raises, QuickNode claims to have increased its user base by over 400%. The company currently provides infrastructure services for over 16 blockchains, including Ethereum, Matic, Optimism, Arbitrum and Solana. Venture capital funding for blockchain projects has dried up recently, but Web3-focused plays continue to garner interest. As reported by Cointelegraph, Hong Kong investment fund HashKey Capital recentlyWhen asked about the current environment for venture capital, QuickNode's chief operating officer Jackie Kennedy told Cointelegraph"The funding climate has indeed shifted where funds are changing their criteria on who and what to invest in [...
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
QuickNode Raises $60M in Series B at $800M ValuationBlockchain development platform QuickNode raised $60 million during the FTX implosion. BrandyBetz reports
Weiterlesen »
Reducing Poverty and Hunger With Blockchain.UN IFAD's Director and Controller Advit Nath seeks address poverty and hunger with blockchain technology. 'The key thing here is to get data in a way that you can visualize it,' he says. Watch his conversation with nikhileshde at Davos2023:
Weiterlesen »
Stellar Becomes Newest Member of CFTC's CommitteeSDF is the only organization representing a blockchain on the committee.
Weiterlesen »
China-backed Blockchain Project Proposes SWIFT Alternative for Stablecoins and CBDCs – Finance Bitcoin NewsThe company developing China's blockchain network is to create a system for settlements with stablecoins and state-issued digital currencies.
Weiterlesen »
Davos-launched blockchain project aims to be the ‘SWIFT’ of stablecoins and CBDCsIn Davos, a Hong Kong-based blockchain company, Red Date Technology, has launched a new SWIFT-esque network for stablecoins and Central Bank Digital Currencies (CBDCs) called the Universal Digital Payment Network (UDPN).
Weiterlesen »