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.

AccessTimeIconJul 18, 2024 at 2:07 p.m. UTC
Updated Jul 18, 2024 at 2:10 p.m. UTC

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.

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.

Edited by Bradley Keoun.



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Jamie Crawley

Jamie Crawley is a CoinDesk news reporter based in London.