Chainbase Raises $15 Million in Series A Funding to Build First Crypto World Model

Chainbase, an omnichain data network, has secured $15 million in Series A funding from investors including Tencent Investment Group, Matrix Partners, and Hash Global. The company is creating the "first crypto world model" to provide unbiased and transparent data from across the cryptocurrency spectrum. Chainbase aims to avoid control by a few dominant companies and will use the funding to expand its network, encourage adoption, and develop AI capabilities. The announcement was made via email on Thursday.