PANews reported on July 18 that according to The Block, blockchain data network developer Chainbase has completed a $15 million Series A financing led by Tencent Investment Group and Matrix Partners China. Other investors include Folius Ventures, Hash Global, JSquare, Mask Network and Bodl Ventures. Chainbase plans to launch its mainnet and governance token CBT in the fourth quarter of this year. This round of financing will be used to build global local communities and increase developer and user participation and network awareness. Chainbase's network supports more than 15,000 developers and 8,000 projects, managing more than 500 billion data calls.