The Graph, the ‘Google of Blockchains,’ Raises $50M in Round Led by Tiger Global

The Graph, a company that compares itself to Google but focuses on indexing information from blockchains, has secured $50 million in a round headed by Tiger Global Management.
The investment, announced Thursday, also included Blockwall Digital, Fenbushi Capital, FinTech Collective, and Reciprocal Ventures.
To make the blockchain-based next generation of the internet, known as Web 3, work effectively, a lot of connective tissue is required. The Graph is an open-source protocol for indexing and querying blockchain data using subgraphs, which are open-source APIs that allow developers to access the data readily. An API (application programming interface) is a method for two computer applications to interact with one another.
Explore Deeper Industry Insights
Learn from experts shaping the future of financial services — get the latest strategies and trends.
Ethereum, Near, Arbitrium, Optimism, Polygon, Avalanche, Celo, Fantom, Moonbeam, and IPFS are among the 26 blockchain networks supported by the Graph. According to a press release, its subgraphs are utilized by Uniswap, Synthetix, KnownOrigin, Gnosis, Balancer, Livepeer, DAOstack, Audius, and Decentraland.
“Given the rate at which the trillion-dollar industry has grown over the last year, we anticipate to see an exponential growth in the amount of data held on blockchains.” “Tiger Global partner John Curtius said in a statement. “The Graph is one of the most critical cornerstones of the decentralized web.”
Our team will present the solution, demonstrate demo-cases, and provide a commercial offer