SHADOW: DROP IN INFRASTRUCTURE FOR CRYPTO BUILDERS

Summary from the TLDR Crypto newsletter

Cryptocurrency data infrastructure provider Shadow rolled out its first iteration of products and announced it had raised a $9 million seed round led by Paradigm. The company's first product allows users to extract unique on-chain data with minimal coding, cutting down on engineering time and costs. Shadow's platform also enables anyone to log any data on any smart contract, without the costs associated with gas fees. Overall, the company aims to make dealing with smart contract data much more efficient, both in terms of time and infrastructure cost, so teams can be more nimble and develop more quickly.