{"id":87885,"date":"2023-12-05T18:33:39","date_gmt":"2023-12-05T16:33:39","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=87885"},"modified":"2025-09-13T14:37:13","modified_gmt":"2025-09-13T11:37:13","slug":"shadow-a-crypto-data-platform-raises-9-million","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/shadow-a-crypto-data-platform-raises-9-million\/","title":{"rendered":"Shadow, a crypto-data platform, raises $9 million"},"content":{"rendered":"<p>A crypto data platform Shadow, designed to reduce Ethereum development costs, raised $9 million in a seed round led by Paradigm, according to <a href=\"https:\/\/www.theblock.co\/post\/265947\/crypto-data-platform-startup-shadow-raises-9-million-in-paradigm-led-seed-round\">The Block<\/a>.<\/p>\n<p>Other investors include Coinbase Ventures, Electric Capital, Ethereum Foundation, Uniswap and Flashbots.<\/p>\n<p>The company&#8217;s first product allows &#8220;anyone to augment any contract to obtain precise and relevant data&#8221;. To reflect the state of public blockchains in real time the platform uses the so-called &#8220;shadow forks&#8221; and a private execution environment.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\n<cite>&#8220;The problem we are solving is that blockchains are a fundamentally new type of database. Working with this data remains too complex,&#8221; said Alvin Xia, the startup&#8217;s CEO.<\/cite><\/p><\/blockquote>\n<p>Shadow&#8217;s solution could be useful for on-chain analytics and developers.<\/p>\n<p>According to Xia, the product is already live. Among the startup&#8217;s first clients are DeFi platforms and other <a href=\"https:\/\/forklog.com\/en\/news\/what-is-web3\">Web3<\/a>-services.<\/p>\n<p>In November, <a href=\"https:\/\/forklog.com\/en\/news\/what-is-a-layer%e2%80%912-solution-in-blockchain\">L2<\/a>-project <a href=\"https:\/\/forklog.com\/en\/news\/blast-l2-project-raises-20-million-from-paradigm-and-standard-crypto\">Blast<\/a> attracted $20 million from Paradigm and Standard Crypto.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A crypto-data platform Shadow, designed to reduce Ethereum development costs, raised $9 million in a seed round led by Paradigm.<\/p>\n","protected":false},"author":1,"featured_media":87886,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1608,1133],"class_list":["post-87885","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-paradigm","tag-venture-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"34","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/87885","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=87885"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/87885\/revisions"}],"predecessor-version":[{"id":87887,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/87885\/revisions\/87887"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/87886"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=87885"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=87885"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=87885"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}