InfStones Raises $66M in Funding

USA – InfStones, a Dallas, TX-based global blockchain infrastructure provider, raised USD66m in funding.

The round was led by SoftBank Vision Fund 2 and GGV Capital, with participation from INCE Capital, 10T Fund, SNZ Holding, and A&T Capital. The company intends to use the funds to grow its team, develop blockchain infrastructure solutions for global clients, expand into new markets, engage in high-value partnerships, and acquisitions. Led by Dr. Zhenwu Shi, CEO, InfStones is an advanced, enterprise-grade Platform as a Service (PaaS) blockchain infrastructure provider. Its AI-based infrastructure provides people around the world with a rugged node management platform alongside an API. With over 10,000 nodes supported on more than 50 blockchains, InfStones gives developers all the control they need – reliability, speed, efficiency, security, and scalability – for cross-chain DeFi, NFT, GameFi, and decentralized application development. InfStones is used by the biggest blockchain companies in the world including Binance, Coinlist, BitGo, OKX, Chainlink, Polygon, Harmony, Kucoin, among a hundred other customers.01/06/2022