nxyz Raises $40M Series A, Led by Paradigm, to Enable Faster Blockchain Indexing

nxyz Raises $40M Series A, Led by Paradigm, to Enable Faster Blockchain Indexing


Cryptoknowmics
2022-10-13 08:34:28

With Coinbase Ventures, Greylock Partners, and Sequoia Capital, the $40 million Series A fundraising for Nxyz, a Web3 platform that provides data infrastructure for blockchains, was spearheaded by venture capital company Paradigm. Balaji Srinivasan, Jaynti Kanani, Jing Wang, Packy McCormick, Surojit Chatterjee, and Ryan Selkis were the angel investors. web3 developer activity is exploding. But yesterday’s infrastructure makes it hard for blockchain devs to build scalable applications. Today, we emerge from stealth to solve this problem.@_n_x_y_z_ provides flexible, reliable blockchain indexing for web3 developers. pic.twitter.com/3NmwHL4S2G — nxyz (@_n_x_y_z_) October 12, 2022 Fund to be Used in Faster Blockchain The post nxyz Raises $40M Series A, Led by Paradigm, to Enable Faster Blockchain Indexing appeared first on Cryptoknowmics-Crypto News and Media Platform.