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Chainbase Raises $15M to Grow Omnichain Data Network
Chainbase's aim is to provide unbiased and transparent data that is not controlled by a small number of dominant companies.
Omnichain data network Chainbase has raised $15 million in Series A funding with Tencent Investment Group, Matrix Partners and Hash Global among the investors.
Chainbase is an interoperability layer that is building the "first crypto world model", to deliver data from across the cryptocurrency spectrum, according to an emailed announcement on Thursday.
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Its aim is to provide unbiased and transparent data that is not controlled by a small number of dominant companies.
Chainbase will use its fresh capital to grow and spur adoption of its network and build up AI capabilities.
Read More: Web3-AI: What’s Real, and What’s Hype
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Stripe-Backed Blockchain Tempo Starts Testnet; Kalshi, Mastercard, UBS Added as Partners
Tempo, built by Stripe and Paradigm, has started testing payment-focused blockchain and has onboard a slew of institutional partners.
What to know:
- Stripe and Paradigm’s Tempo blockchain has launched its public testnet for real-world payment testing.
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