Blockchain Data Company Coherent Raised $4.5M in Seed Round with Coinbase Ventures Involved

Blockchain data company Coherent announced that it has closed a $4.5m seed funding round co-led by Kindred Ventures, Matchstick Ventures and Foundry Group, with participation from Coinbase Ventures, Alchemy and others. Coherent is working on APIs that will allow developers to build applications and offer new features using its data. The firm is focusing on three types of data, which are on-chain transaction history, NFT data and credentials.