According to media reports, The Graph completed a new round of funding on 2020-06-29. the investors in this funding round include Coinbase Ventures,ParaFi Capital,Framework Ventures,Digital Currency Group,Multicoin Capital,coinIX,DTC Capital,Tally Capital and others. Following this round, The Graph has raised a total of $69 M, bringing its latest valuation to $29 M.
The Graph is a protocol for indexing and querying data from blockchains. Anyone can build and publish open APIs, called subgraphs, making data easily accessible. The Graph analyzes and gathers blockchain data before storing it into various indices, called Subgraphs, allowing any application to send a query to its protocol and receive an immediate response. The Graph's native cryptocurrency, GRT, is used to ensure the integrity of the data secured within its network. Any user, whether they are indexers, curators or delegators, must stake GRT to perform their roles, and in return, earn fees from the network.