TechFlow news — nxyz, a Web3 platform providing data infrastructure for blockchains, has announced the completion of a $40 million Series A funding round led by Paradigm. Coinbase Ventures, Greylock Partners, Sequoia Capital, and angel investors including Balaji Srinivasan, Jaynti (JD) Kanani, Jing Wang, Packy McCormick, Surojit Chatterjee, and Ryan Selkis also participated in the round.
Reportedly, nxyz's blockchain API was built by distributed systems engineers behind Google and Neeva, capable of delivering real-time blockchain data in under 200 milliseconds. nxyz’s ability to scale for high throughput will directly benefit applications such as wallets and NFT projects.Source link
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