SoftBank co-led $66 million round for blockchain-focused InfStones – gotechbusiness.com

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Despite shaky markets, a steady stream of investors continues to write large checks for blockchain infrastructure providers.

InfStonesthat aims to help customers build applications on a number of blockchain platforms, closed a $66 million round led by SoftBank Vision Fund 2 and GGV Capital, the company announced Wednesday.

Other investors in the increase include INCE Capital, 10T Fund, SNZ Holding and A&T Capital. This funding round comes shortly after the $33 million Series B three months ago and brings total funding to $111 million. InfStones did not disclose an exact rating, but said it was “near unicorn status”.

“The funding will help us develop product in line with our product strategy and roadmap, enter new markets, expand our team and advance web3 adoption,” said Zhenwu Shi, CEO of InfStones, in an email to gotechbusiness.com.

In the past, Shi said InfStones aims to be the web3 version of Amazon Web Services to make stepping into the space easier, allowing customers to quickly build applications on various blockchain platforms.

Founded in 2018, the company has clients ranging from centralized crypto entities such as Binance and Circle to decentralized scale platforms such as polygon† It provides services to institutional clients around the world and supports infrastructure for more than 50 blockchains, including Ethereum, Polygon, Solana and Chainlink.

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