The Graph Announces Launch of $205 Million Ecosystem Fund

TokenInsight news, The Graph, an on-chain data indexing protocol, announced the launch of a $205 million ecosystem fund with Multicoin Capital, Reciprocal Ventures, gumi Cryptos Capital, NGC Ventures, Digital Currency Group and HashKey support. The fund will be used to accelerate the growth and development of key projects in The Graph ecosystem. Previously, The Graph closed a $50 million round of funding in January led by Tiger Global with participation from Fenbushi Capital, and in October 2021, The Graph launched on NEAR Network.