Bitquery recently raised an investment worth $8.5 million. This funding round was led by Binance Labs, Susquehanna, dao5, INCE Capital, DHVC, and angel investors from Google. Bitquery plans to use these funds to expand the venture’s data coverage, build BIT Protocol, and drive new use cases. The funding round was also a part of the ongoing drive of Binance Labs, which seeks to support blockchain data solution providers with an innovative approach.