The encrypted data platform Shadow has completed a $9 million seed round of financing, led by Paradigm

ChainCatcher news, according to The Block, the crypto data platform Shadow has completed a $9 million seed round financing, led by Paradigm, with participation from Coinbase Ventures, Electric Capital, the Ethereum Foundation, Uniswap, and Flashbots.

The company's first product allows anyone to enhance any contract through custom events and view features to obtain the precise data they need. A demo is currently open to the public. Shadow uses what is called a "shadow fork" to provide a private execution environment, designed to reflect the state of the public blockchain in real-time.