BlockBeats News, June 25th. Blockchain data infrastructure project Cambrian has completed a $6 million seed round of financing, with lead investments from Franklin Templeton and Polychain Capital, along with participation from Flow Traders, Selini Capital, and others. The project had previously received a $5.9 million pre-seed investment led by the a16z Crypto Startup Accelerator, bringing the total funding to $11.9 million.

Cambrian currently provides on-chain yield, risk, lending market, trading activities, and other real-time and historical data APIs for institutional investors and AI agents. They also plan to further develop a verifiable data oracle network. According to official data, they have indexed over $4.5 billion in loan TVL and tracked over 320,000 DEX liquidity pools. They currently support the Base and Solana networks, with plans to expand to Ethereum and more ecosystems. The funds will be used to expand on-chain data coverage, accelerate oracle network development, and team expansion.