Coinbase Ventures Invests in $5M Token Sale for Ethereum Data Firm ‘The Graph’
Blockchain data startup The Graph has raised $5 million in a token sale with Framework Ventures, Coinbase Ventures, Digital Currency Group and others.
At start of October, bitcoin analysts were bullish, but few would have guessed the cryptocurrency's price could double by the end of 2020.
Coinbase, Kucoin, OKEx, Kraken and Binance and other exchanges are now allowing trading of the GRT token.
The donation from a group headlined by NEAR, Solana and Celo comes in addition to $300,000 raised via Gitcoin.
The Graph seeks to create usable decentralized indexes and API feeds for blockchain-based projects through its own blockchain and native token GRT.
Decentralized data-indexing protocol The Graph has raised $12 million in a public sale of its native GRT token.