SINGAPORE, May 15, 2024 (GLOBE NEWSWIRE) -- Chainstack, a frontrunner among the top three global Web3 infrastructure providers, has successfully secured a strategic investment from SBI Ven Capital, Sygnum, Azimut Group, Unicorn Factory Ventures, and Ventech Ventures. This investment will enable significant advancements in the company's product offerings, particularly focusing on enhancing core product offerings, customer usability, and automation. In just two and a half years, Chainstack has transformed from a promising startup into a profitable global enterprise, marking its territory as a foundational player in the ever-evolving Web3 landscape. This journey has not only positioned Chainstack among the top three Web3 infrastructure providers but has also showcased its robust platform, unwavering commitment to quality, and the deep trust it has cultivated within the developer community. Chainstack's offerings are extensive, encompassing integrations with over 25 public blockchains, four appchain frameworks, four consortium protocols, and partnerships with all major cloud providers. This diverse range of options serves more than 100,000 Web3 developers, ensuring they have the essential tools to innovate and scale their projects without constraints. This approach underscores Chainstack's pivotal role in shaping the future of blockchain technology, enabling developers to push boundaries and create transformative applications. Geographically, Chainstack's operations span 12 regions, aligning its infrastructure with the distribution of its user base. This strategic placement allows the company to efficiently handle over 100 billion requests each month while maintaining an impressive 99.99%+ uptime. Such reliability and performance optimization are critical for developers building DApps on the platform, ensuring seamless functionality and enhanced user experiences. Beyond infrastructure, Chainstack is deeply ...