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Quicknode Infrastructure Platform Receives $ 35 Million Series A Funding

Quicknode, a Miami-based blockchain infrastructure platform, announced Wednesday the completion of a $ 35 million Series A financing round led by venture capital firm Tiger Global. Seven Seven Six, Soma Capital, Arrington XRP Capital, Crossbeam and Anthony Pompliano also took part in the round. This follows a $ 5.3 million seed round in March, bringing the company’s total investment in the north to $ 45 million.

Quicknode was founded by Dmitry Shklovsky, Manuel Kreutz, Auston Bunsen and Alexander Nabutovsky and graduated from the Y Combinator in March 2021. The platform currently supports ten blockchains, including Ethereum, Bitcoin, and Solana, with more being added daily. Reddit co-founder Alex Ohanian, who invested in the round through his fund, said in a press release:

“We are excited to see firsthand the rapid growth of QuickNode as it enables more individuals and businesses to adopt blockchain technology with ease. QuickNode is another example of Miami Tech’s excellence. “

In recent years, Miami has become a major hub in the crypto world, with Mayor Francis Suarez even announcing a proposal to pay city workers in Bitcoin. YCombinator also tweeted that they were congratulations, noting that the company’s customers now include industry giants PayPal and Coinbase. Tiger Global partner John Curtius wrote in a press release published by Quicknode:

“QuickNode’s leadership role in multi-chain support and its vision of being the leading provider of blockchain infrastructure will help companies build on reliable, globally available, low-latency infrastructure.” Serving billions of people for 10 years. “

Tiger Global has contributed to a variety of blockchain-based platforms and services over the past year. Cointelegraph reported earlier this month that the company entered into a $ 298 million round for financial chart provider Trading View. Previously, in August of this year, they led a $ 24 million financing round for the CertiK security platform. Other crypto investments in its portfolio include the FalconX crypto exchange, infrastructure provider MoonPay, and $ 25 billion provider FTX.

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Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.