Blockchain data infrastructure company Covalent announced a $5 million strategic financing round led by RockTree Capital, with other investors including CMCC Global, Moonrock Capital, and Double Peak Group. The funding will be used to expand its operations in Asia and drive long-term data availability adoption in countries such as China and Singapore.

Odaily Planet Daily News: Blockchain data infrastructure company Covalent announced a $5 million strategic financing round led by RockTree Capital, with other investors including CMCC Global, Moonrock Capital, and Double Peak Group. Covalent stated that the funds will be used to expand its operations in Asia and promote long-term data availability adoption in countries such as China and Singapore. (TheBlock)

Covalent completes $5 million strategic financing led by RockTree Capital