O-DE Capital Partners announces strategic investment in Chainsight, the advanced data pipeline platform transforming how external data reaches blockchain networks.

February 15, 2024 – O-DE Capital Partners ('OCP') announces its strategic investment in Chainsight, a pioneering blockchain data infrastructure platform based in Dubai, UAE. Through a comprehensive seed-stage investment combining equity and token components, OCP supports Chainsight's mission to revolutionize blockchain data accessibility through its next-generation oracle network and full pipeline solution.

OCP's investment positions Chainsight to accelerate development of its comprehensive blockchain data infrastructure, serving the growing demand for sophisticated oracle solutions in the Middle East and global markets.

About Chainsight Network

Chainsight is a next-generation data infrastructure that empowers anyone to bring external data onto blockchain networks securely and flexibly. By leveraging advanced technologies such as Chain-Key cryptography and optional zkTLS, Chainsight ensures both the integrity and reliability of data feeds.

Rather than being "just another oracle," Chainsight provides a full data pipeline solution—from indexing data to deploying oracles—enabling sophisticated use cases far beyond typical price feeds. The platform combines three core innovations:

Protocol-Owned Oracles: Users can take control of their data with protocol-owned oracles, deployable to any chain and easily manage data flows through Portal v1.

Advanced Analytics Tools: Leverage powerful tools like Index Kit, Volatility Kit & StableCoin Rating Feeds to create fully on-chain analytics and indices.

Customizable Dashboard: The Chainsight UI enables users to access indexed data via customizable dashboards, displaying unique indexes and rating information available only through Chainsight.

The platform operates as a network consisting of numerous indexers, where each individual indexer maintains its own data that can be combined to efficiently build new datasets. This new data can be written directly to blockchains like Ethereum, eliminating the need for off-chain bridges.

Dubai's Strategic Advantage

Chainsight's Dubai base provides strategic advantages in one of the world's most progressive blockchain hubs, offering regulatory clarity, government support, and access to the rapidly growing Middle East crypto ecosystem. The region's high adoption rates and supportive regulatory frameworks create an ideal environment for blockchain infrastructure innovation.

Technology and Market Impact

Chainsight's flexible pricing model allows users to build unlimited data pipelines while paying only for what they need. The platform offers tiered solutions from "Always-on essentials for small projects" to "Power for high-frequency, multi-oracle workflows," ensuring scalability across various use cases.

The platform securely signs and publishes any data source on-chain using Chain-key cryptography, enabling verifiable feeds like VRF, TWAP, and Volatility Indices. Users can build flexible pipelines by combining community-driven oracles, indexers, and tools like the MultiOracle Aggregator.

O-DE Capital's Investment Rationale

"Chainsight represents a strategic addition to our portfolio, particularly given the Middle East's emerging importance in the global blockchain ecosystem," said a representative from O-DE Capital Partners. "Dubai's progressive regulatory environment and strategic location make it an ideal base for blockchain analytics innovation."

"The combination of Chainsight's technical capabilities with Dubai's blockchain-friendly ecosystem creates significant potential for regional and global expansion. We see tremendous opportunity for advanced data infrastructure platforms that can serve both traditional financial institutions and Web3-native organizations with sophisticated oracle solutions."

With OCP's investment, Chainsight plans to accelerate platform development, establish partnerships with regional financial institutions, expand its technical team, and develop comprehensive multi-chain analytics capabilities while targeting enterprise and institutional customer segments.

About O-DE Capital Partners

O-DE Capital Partners ('OCP') is a venture capital firm investing in "Web3 grounded in reality". We believe Web3 and Web2 must work hand-in-hand to unlock scalable value for its intended users: people.

We call it Web 2.5. Our focus is investing in Web2 businesses that leverage the utility offered by Web3 networks to unlock scalable value in a fully-compliant framework, or investing in decentralized Web3 networks themselves which may bring additive value for millions of users existing in centralized applications.

For inquiries, please contact:
O-DE Capital Partners
Email: hello@o-decapital.com
Web: https://o-decapital.com/