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Finance

QuickNode Acquires NFT Analytics Platform Icy Tools

Financial details for the blockchain development platform’s first acquisition were not disclosed.

By Brandy Betz
AccessTimeIconMay 12, 2022 at 9:52 p.m. UTC
Updated May 11, 2023 at 5:43 p.m. UTC
Ice cubes (Shutterstock)
Ice cubes (Shutterstock)

Blockchain development platform QuickNode has announced its first acquisition with the purchase of icy.tools, a non-fungible token (NFT) analytics platform. Acquisition terms weren’t disclosed.

  • Founded in 2021, icy.tools lets users discover, track and analyze trending NFTs with access to real-time price and volume data, historical charts and transaction histories.
  • The icy.tools analytics platform will remain an independent product, while the API will be integrated into the QuickNode developer platform.
  • QuickNode raised a $35 million Series A funding round last October that included the participation of 776, the investment firm owned by Reddit founder Alexis Ohanian.
  • "We were already bullish on the power of QuickNode for developers but the acquisition of icy.tools puts QuickNode at the forefront of NFT development, creating an integrated Web3 development and analytics platform," said Ohanian in the press release.
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    CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

    Brandy Betz
    Brandy Betz

    Brandy covered crypto-related venture capital deals for CoinDesk.

    Follow @BrandyBetz on Twitter
    Read more about
    AcquisitionsNFTs