Quicknode Raises $60M in Series B to ‘Fuel Blockchain Adoption’ and Expand Globally

On January 24, Quicknode disclosed that it had raised $60 million in a Series B funding round led by 10T Holdings, and QED, Tiger Global, Alexis Ohanian’s Seven Seven Six, and other investors participating in the round. Protocol Labs Incorporated. The announcement clearly states that using this latest gateway, the company will accelerate its global expansion by empowering the builders who are laying the groundwork for a decentralized and globally connected future and at the same time empowering them in every way. will enable it to function. In October 2021, Quicknode also raised $35 million in Series C. The same Dwarka was also led by Tiger Global and also participated by Seven Seven Six, Soma Capital, Arrington XRP Capital, Crossbeam and Anthony Pompliano while Quicknode “handles billions of blockchain calls per day with 2X faster response times than competitors” Claims to handle”.
Quicknode competitors also include companies such as Kaleido, Alchemy, BlockCipher, Velas and Infura, and the company detailed on Tuesday that the funding would be used to orchestrate a massive web2 to web3 movement. The company is developing plans to make new hires and develop web3 projects for the marketplace and despite the crypto winter, the company says that Quicknode has seen significant growth in the last 1 year, with revenue growing by over three hundred percent. growth can be seen. Alex Nabutovsky, CEO and co-founder of Quicknode, says in a statement that he views web3 as the future of the internet and that it is growing year by year in terms of adoption and of course the development of blockchain. We are moving in the space and we expect that the coming era is surely going to be the next era and with this growth we are preparing for mass adoption of blockchain technology in whole decade in 2023 and its With that said, we’re really proud to continue to push forward to help our customers deliver their full potential and we certainly appreciate the move.


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