Glacier Network Raised $8M in Angel and Seed Rounds at 100M Valuation with 10x Oversubscribed Open Interest
Summary
Additionally, Glacier has received grant support from PermaDAO in the Arweave ecosystem, Boundless Hackathon Stanford, Berkeley Blockchain Xcelerator, ForesightX Accelerator Cohort and Aptos Grant Dao.Glacier Network is building a programmable, modular and scalable blockchain infrastructure for storing, indexing and querying data, supercharging AI at scale. Glacier also launched the GlacierDA to solve the demand for off-chain verification and computing of GenAI and DePIN executed states.Glacier Network has achieved remarkable milestones, with over 10 billion queries, 10.5 million on-chain CRUD transactions and 700k addresses created. Moreover, Glacier Network has been featured in Messari and The Block, spotlighting decentralized databases as the pivotal missing piece of Web3 infrastructure.The funding rounds were met with overwhelming enthusiasm, with a staggering 10x oversubscribed open interest. Past performance of any asset is not indicative of future results.Disclaimer: The Block is an independent media outlet that delivers news, research, and data. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry.