Crypto Data Protocol Golden Closes $40 Million Series B Funding Round Led by a16z

Crypto data protocol Golden has closed a $40 million Series B round of funding, bringing its total funding to $60 million to date. The round was led by a16z, with participation from Solana co-founder Raj Gokal, Dropbox co-founder Arash Ferdowsi, Postmates founder Bastian Lehmann and Muse frontman Matt Bellamy. The funds raised will be used to build a Web3 data platform. The platform is currently in beta and is expected to go live on the main network in the second quarter of 2023.