In this Tuesday Feb. 19, 2019, photo Alexis Ohanian, founder of the social media company Reddit, speaks during an interview in New York. (AP Photo/Bebeto Matthews) ASSOCIATED PRESSSeven Seven Six, a venture fund founded by Alexis Ohanian, the co-founder of Reddit and noted crypto bull, led a $5.3 million seed round investment in QuickNode, a company powering the future of a decentralized internet. Founded in 2017, QuickNode is a middleware company, meaning that it sits between its clients and the blockchains as an intermediary. Additionally, it hosts its services on traditional cloud providers such as Amazon Web Services, Google Cloud, and Digital Ocean. “There are clearly some important roles that decentralization plays, and there are clearly important roles that certain centralized technologies play,” said Ohanian.

Source: Forbes May 27, 2021 13:00 UTC