• QuickNode, a blockchain development platform, raises $35 million

  • QuickNode, a blockchain development platform, announced a $35 million Series A funding round on Wednesday.

    Tiger Global led the round, which also included Alexis Ohanian’s Seven Seven Six, Soma Capital, Arrington XRP Capital, Crossbeam, and Anthony Pompliano.

    The Miami-based startup works with developers to help them create blockchain apps.

    “This round is a major milestone that helps us deliver on our vision of growth in Web 3 through better infrastructure, improved tooling, and greater accessibility across all blockchains,” QuickNode vice president Amol Shah said in an email to ULTCOIN365.

    The new funds will be used to expand its product offerings and support new chains, which the company has done at a rate of “about one per month” since its $5.3 million seed round in March.

    “The speed with which the team integrates new blockchains – particularly non-EVM chains like Solana and Terra – is incredible, and serves as testament to their familiarity with the needs of today’s blockchain developers,” Arrington XRP Capital partner Ninor Mansor told ULTCOIN365.

    According to the company, QuickNode works with a diverse range of clients, ranging from non-fungible token (NFT) platforms like Rarible to traditional financial institutions.

    “We’re thrilled to be firsthand witnesses to QuickNode’s rapid growth, allowing more individuals and businesses to easily adopt blockchain technology,” Ohanian said in a press release. “QuickNode exemplifies Miami Tech’s excellence yet again.”

    What's your reaction?