Covalent, a leading blockchain data querying service, is happy to announce that it has secured $3.1 million in funding co-led by investors Woodstock Fund, 1kx Capital and Mechanism Capital. Other strategic investors – AU21, Brilliance, TRGC, Alameda and CoinGecko also participated in the funding round.
The new funding will be used to advance product and market development to cement Covalent’s leadership in the DeFi data analytics space.