The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
The Daily Hodl
No Result
View All Result

Nakji Network Completes a $8.8 Million Private Round of Fundraising

by Chainwire
September 9, 2021
in Industry Announcements

September 9, 2021 – Los Angeles, California


Nakji Network, a blockchain big data focused startup has completed a capital raise of $8.8 million. Investors in the round include blockchain partners and venture capitalists such as Animoca Brands, CMS Holdings, Primitive Ventures, GBV, LD Capital, Rocket Fuel, One Block, Panony and other notable investors.

This round of financing will allow Nakji to invest further in the development of its state-of-the-art information relaying protocols between a wide array of blockchains to the off-chain world, as it gears up for a public debut later this year.

Nakji is founded by Allie Zhang, former lead engineer at real-time data intelligence start-up Bottlenose, and David Kim, a former 13-year technology and management consultant at PwC and Deloitte. David and Allie possess decades’ worth of combined experience across incubating, building and consulting in blockchain and big data. David also helped establish one of the first ‘big four’ blockchain practices at PwC in 2016.

The data layer and related infrastructure sector is one of the key components powering the entire blockchain ecosystem due to the reliance of user-facing DApps and protocols in DeFi. As the industry and on-chain activity continue to grow exponentially, the communication of data and information in the form of indexing and querying will become of utmost importance since the speed of usability relies on the transfer of information at speeds conducive to user experience. Nakji will solve this by providing industry-breaking speeds to relay information from on- to off-chain.

Kevin McCordic from CMS Holdings said,

“Nakji is on pace to become a major contributor for the indexing of Web3 data. Access to data is vital infrastructure in the blockchain space. Building out the query layer is one of the final frontiers that need to be tackled for a multi-chain universe to reach its impact potential. We are confident that the Nakji team will lower the barrier to entry for projects building in this ecosystem and ultimately increase adoption on the new, decentralized web.”

Yat Siu, chairman and co-founder of Animoca Brands, said,

“Nakji’s protocols relay information efficiently, safely and quickly from blockchain to off-chain, making it one of the industry’s most promising big data startups and a particularly exciting investment for us. We look forward to working together as we continue to build the decentralized experiences that constitute the next generation of the web.”

In the coming months, Nakji will release a series of staged updates on the platform, sharing further designs and details on the speed and security of its relaying protocols, before allowing developers to access APIs through its testnet.

About Nakji Network 

Nakji aids in the relay of information from traditional blockchains to any receptor off-chain that can receive on-chain data points. It does this with industry-setting speed, outpacing competitors while providing an added layer of security to ensure the safety and accuracy of data being transported.

Contact

Press

This content is sponsored and should be regarded as promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility.


Follow Us on X Facebook Telegram

Check out the Latest Industry Announcements
 

 
Submit a Press Release

Industry Announcements

  • Whale.io Accelerating Towards TGE – Unveils ‘Wager and Earn’ Campaign and Launches WHALE Token Conversion
    May 14, 2025
  • Edgen Launches ‘AI Super App,’ Democratizing Institutional-Grade Crypto Market Intelligence
    May 14, 2025
  • BC.GAME Unveils New Logo, Strengthens Crypto Integration in iGaming Ecosystem
    May 14, 2025
  • Plutus Launches PLUS More on Base – A New Era of Tokenized Loyalty Rewards
    May 13, 2025
  • DoubleUp – A New Generation of GambleFi
    May 13, 2025
  • MoonX: BYDFi’s On-Chain Trading Engine – A Ticket From CEX to DEX
    May 13, 2025
  • Canelo Álvarez Joins 1Win As Global Ambassador After Historic Title Victory
    May 13, 2025
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$103,836.82
$103,836.82
0.1%
Ethereum
$2,638.55
$2,638.55
1.95%
BNB
$654.98
$654.98
1.21%
Solana
$178.04
$178.04
2.49%
XRP
$2.57
$2.57
0.08%

Spotlight

  • Crypto Analyst Unveils ‘Perfect Trade’ for Bitcoin, Sees BTC Mirroring Gold Price Action in 2020
    May 7, 2025
  • BlackRock Buys $2,500,000,000 Worth of Bitcoin As BTC Price Holds Steady: Arkham
    May 7, 2025
  • Trillion-Dollar Bank Paying $510,000,000 Fine After ‘Conspiring To Hide’ $4,000,000,000 From IRS
    May 7, 2025
  • $2,000,000,000,000 in Demand for US Treasuries Could Come From Digital Assets in Coming Years: Treasury Secretary Scott Bessent
    May 7, 2025
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Covering the future of finance, including macro, bitcoin, ethereum, crypto, and web 3.

Categories

Bitcoin • Ethereum • Trading •
Altcoins • Futuremash • Financeflux •
Blockchain • Regulators • Scams •
HodlX • Press Releases

 

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON X

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2025 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise

© 2025 The Daily Hodl