Multicoin Capital, an Austin, Texas-based “thesis-driven” crypto hedge fund that “invests long term” in various digital asset projects, has led a $2.5 million seed funding round in a firm that plans to make it easier to retrieve data from public blockchain platforms. Receiving the multi-million dollar investment, The Graph, a US-based tech startup, is developing an open-source software solution that indexes blockchain data so that it may accessed more quickly by individuals and organizations. At present, there’s a lot of useful information that resides on major blockchains, The Graph’s development team notes.
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