Covalent a blockchain infrastructure company completes 5 million funding round led by RockTree Capital

Covalent, a blockchain data infrastructure company, has announced that it has secured a $5 million strategic financing led by RockTree Capital. Other investors include CMCC Global, Moonrock Capital, and Double Peak Group. Covalent states that this funding will be used to expand its business in Asia and promote the adoption of long-term data availability in countries such as China and Singapore.