a16z CSX-backed Cambrian completes $6 million seed round, led by Franklin Templeton and Polychain

CoinFeed June 25 news, according to The Block, blockchain data infrastructure startup Cambrian completes $6 million seed round, Franklin Templeton and Polychain Capital co-lead, with participation from Flow Traders, Selini Capital, Paper Ventures, Nomad Capital, and others. Previously, the company completed a $5.9 million Pre-Seed round last year led by a16z Crypto Startup Accelerator, bringing total funding to $11.9 million. This round's financing structure is SAFE plus token warrant, Franklin Templeton and Polychain receive board observer seats.