QuickNode Raises $60 Million to Accelerate Blockchain Adoption

• QuickNode, a blockchain infrastructure provider, raised $60 million in a Series B round led by 10T Holdings.
• The funding round also attracted investors from Seven Seven Six, Tiger Global, and QED Investors.
• The funds will be used to grow QuickNode’s team and scale its activities and tools to facilitate blockchain adoption.

QuickNode, a blockchain infrastructure provider, has achieved a major milestone in its mission to power Web3 growth. The company recently announced that it has raised $60 million in a Series B round. 10T Holdings, a digital assets-focused mid to late-stage equity fund, led the round. The funding round also attracted investors from Seven Seven Six, a venture capital fund co-founded by Alex Ohanian in 2020, as well as Tiger Global and QED Investors.

The funds raised in the series B round will be used to grow QuickNode’s team and scale its activities and tools to facilitate blockchain adoption. The company is also looking to increase its presence in the blockchain infrastructure market by adding new features and tools to its platform.

QuickNode’s mission is to enable businesses and developers to build faster, more secure, and more reliable blockchain applications. The company provides developers with the tools and software solutions necessary to develop and deploy decentralized applications on the blockchain. The company also offers a suite of services such as blockchain consulting and training, as well as blockchain support services.

The company has been successful in helping its customers build enterprise-grade blockchain applications. QuickNode provides customers with a secure, reliable, and cost-effective infrastructure for their blockchain projects. The company has also partnered with a number of established organizations to help promote blockchain adoption.

QuickNode’s latest funding round is a testament to the company’s success in helping businesses and developers build blockchain-based applications. The funding will enable the company to continue expanding its activities and tools to facilitate blockchain adoption. It will also help the company grow its team and increase its presence in the blockchain infrastructure market.

The company is making great strides in the blockchain space and is well-positioned to become a major player in the sector. With its latest funding round, QuickNode is set to further solidify its position as a leader in blockchain infrastructure and accelerate the growth of the Web3 ecosystem.

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