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Omnichain Data Network Chainbase Secures $15 Million in Series A Funding

Omnichain’s Data Network Chainbase successfully raises $15 million in Series A funding, positioning itself for significant growth and innovation in the data management space.

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The omnichain data network, Chainbase, has successfully raised $15 million in Series A funding. Tencent Investment Group, Matrix Partners, and Hash Global are some of the prominent investors who participated in this funding round.

Chainbase serves as an interoperability layer and is on a mission to create the “first crypto world model.” This model aims to collect and provide data from various points within the cryptocurrency landscape. The announcement was made via email on Thursday.

The primary goal of Chainbase is to offer unbiased and transparent data that is not under the control of a limited number of dominant entities. With the newly acquired funding, Chainbase plans to expand its network, drive adoption, and enhance its AI capabilities.

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