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Subsquid, a Web3 information entry layer, has partnered with Google after elevating $17.5 million throughout a number of funding rounds to construct an omnichain indexing resolution, in accordance with a Might 15 assertion shared with CryptoSlate.
In January, Subsquid’s native SQD token neighborhood sale emerged because the quickest CoinList sale ever, with the undertaking promoting out 5% of its token provide in 19 minutes for $6.3 million.
Subsequently, the undertaking raised vital sums in a current funding spherical from Blockchange, Hypersphere, Zee Prime, DFG, and Lattice.
Co-founder Dmitry Zhelezov hinted that the undertaking is about to launch its native token however didn’t reveal additional particulars concerning the launch.
Google partnership
The Google partnership will allow the combination of Subsquid’s SDK with Google BigQuery, facilitating seamless evaluation of strong blockchain information for builders.
Furthermore, this integration will furnish enterprises and massive information analytics platforms with ample blockchain information.
Zhelezov stated:
“By eliminating vendor-lock and serving information in a P2P method, Subsquid is a game-changer, and a elementary enchancment over the established order of centralized options which have full management over the info.”
This transfer follows a extremely profitable testnet, which attracted over 70,000 contributors and 20,000 indexers, and former integrations with Berachain, Neon EVM, CORE, and Starknet.
Subsquid is an progressive decentralized information lake and question engine designed to expedite builders’ entry to essential information for constructing and testing decentralized functions (dApps).
The answer helps the Polkadot and Kusama blockchain networks and has expanded to different in style blockchains, corresponding to Ethereum and Solana.
Disclaimer: CryptoSlate has obtained a grant from the Polkadot Basis to provide content material concerning the Polkadot ecosystem. Whereas the Basis helps our protection, we preserve full editorial independence and management over the content material we publish.
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