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InfStones Newsletter — March
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InfStones Newsletter — March
Mar 11,2022|Newsletter
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InfStones Newsletter — March

February 24, Secured Fresh Funding

We recently announced the close of $33 million in Series B financing from Susquehanna International Group (SIG), Dragonfly Capital, Qiming Venture Partners, DHVC, A&T, INCE Capital, and Value Internet Fund. InfStones previously raised $12 million in seed and Series A financing, bringing the company’s total funding to $45 million.

Read the full press announcement here: https://www.coindesk.com/business/2022/02/24/blockchain-infrastructure-startup-infstones-raises-33m-in-series-b-funding/

Powerful Partnerships with Astar and Shiden

We’re thrilled to announce our partnership with Astar Network, a gateway to the multi-chain future. Astar connects multiple layer1 blockchains to Polkadot through its network. Shiden is a parachain on Kusama, and akin to a sister chain for Astar.

We’re working closely with the Astar team to introduce our Node Management Services (NMS) to their thriving ecosystem. After the release, the community will be able to launch a node on our platform and use it as a “Collator Node.” InfStones will be responsible for managing the underlying infrastructure of these “Collator Nodes.”

The introduction of our NMS will rid users of any infrastructure concerns. NMS opens the doors for more novice users as technical experience will no longer be a prerequisite to participating. Anyone can help decentralize the network!

Learn more about the Astar community here: https://astar.network/

More information on Shiden can be found here: https://shiden.astar.network/

Current Yields of Different Staking Tokens

InfStones Newsletter — March

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About InfStones

InfStones is an advanced, enterprise-grade Platform as a Service (PaaS) blockchain infrastructure provider trusted by the top blockchain companies in the world. InfStones’ AI-based infrastructure provides developers worldwide with a rugged, powerful node management platform alongside an easy-to-use API. With over 20,000 nodes supported on over 80 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 trusted by the biggest blockchain companies in the world including Binance, CoinList, BitGo, OKX, Chainlink, Polygon, Harmony, and KuCoin, among a hundred other customers. InfStones is dedicated to developing the next evolution of a better world through limitless Web3 innovation.