Chainbase Raises $15 Million to Grow Omnichain Data Network

Omnichain data network Chainbase has raised $15 million in a Series A funding round that included Tencent Investment Group, Matrix Partners, and Hash Global among its investors.

Chainbase is an interoperability layer that creates the “first crypto world model” for providing data across the cryptocurrency spectrum, according to the emailed announcement.

Its aim is to provide unbiased and transparent data that is not controlled by dominant companies.

Chainbase will use the fresh capital to grow its network and drive adoption, as well as develop its AI capabilities.