Solana leads $3M investment in blockchain data provider PARSIQ

The blockchain data monitoring platform has raised $3 million in the latest funding round.

Solana leads $3M investment in blockchain data provider PARSIQ

PARISQ announced that the funding round was led by the Solana Foundation and Axia8 Ventures with several investors like Mindworks VC, Krypital Group, CoinUnited, Transfero Swiss, Elevate Ventures, Sanctum Ventures, and others.

According to the documents, The firm offers features like Tracking in real-time digital assets, Being notified about numerous occurrences around the Blockchain network, Gathering and processing on-chain data, and Combining the on-chain data with off-chain on. Users are also able to customize their notification settings to block out undesired noise while receiving important information in real-time. 

The platform’s tools are compatible with Bitcoin, Ethereum, Solana, and several other blockchains.

Read: Funds bringing $100M for Solana to boost its ecosystem growth

Anatoly Yakovenko, the founder of Salona, said he believes access to blockchain data through applications like PARSIQ will help Solana-based projects have “fewer headaches in building out their stack, allowing them to concentrate on their product.” 

The company had a public token offering in the fall of 2019, which raised 1.6 million euros. Currently, the PRQ token has a market capitalization of $95 million and is trading around $0.82, according to CoinMarketCap.

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