Subsquid partners with Google BigQuery to redefine blockchain data management

Subsquid, a Web3 data access layer, has partnered with Google after raising $17.5 million in multiple funding rounds to build an omnichain indexing solution, according to a May 15 statement shared with CryptoSlate.

In January, Subsquid native SQD token community sale emerged as the fastest CoinList sale ever, with the project exhausting 5% of its token supply in 19 minutes for $6.3 million.

Subsequently, the project raised significant sums in a recent funding round from Blockchange, Hypersphere, Zee Prime, DFG and Lattice.

Co-founder Dmitry Zhelezov hinted that the project is about to release its native token, but did not reveal further details about the launch.

Partnership with Google

The partnership with Google will enable the integration of the Subsquid SDK with Google BigQuery, facilitating seamless analysis of robust blockchain data for developers.

Furthermore, this integration will provide enterprises and big data analytics platforms with extensive blockchain data.

Zhelezov said:

“By eliminating vendor lock-in and delivering data P2P, Subsquid represents a game-changer and fundamental improvement over the status quo of centralized solutions that have full control over the data.”

This move follows a highly successful testnet, which attracted over 70,000 participants and 20,000 indexers, and previous integrations with Berachain, Neon EVM, CORE, and Starknet.

Subsquid is an innovative decentralized data lake and query engine designed to accelerate developer access to data critical to building and testing decentralized applications (dApps).

The solution supports the Polka dot and Kusama blockchain networks and has expanded to other popular blockchains, such as Ethereum AND Solana.

Disclaimer: CryptoSlate has received funding from the Polkadot Foundation to produce content about the Polkadot ecosystem. While the Foundation supports our coverage, we maintain full editorial independence and control over the content we publish.

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Posted in: Polka dot, Cryptocurrency

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