nxyz

Nxyz specializes in providing powerful blockchain data APIs tailored for web3 developers. The company offers real-time, flexible solutions that ensure high dependability and low latency, making it an essential partner for businesses requiring robust data handling capabilities. Nxyz serves clients in the blockchain and cryptocurrency sectors, including notable companies like BitGo. The business operates in the rapidly growing blockchain technology market, focusing on delivering scalable solutions that can handle billions of users and millions of queries per second. Nxyz's business model revolves around offering API services, which generate revenue through a pricing structure based on Compute Units (CUs). Each API method is assigned a price, allowing clients to pay for the resources required to generate responses from specific endpoints. Recently, Nxyz has entered a definitive agreement to be acquired by Snowflake, a leader in cloud-based data solutions. This acquisition will enable Nxyz to leverage its expertise in distributed systems to contribute to the future of the Data Cloud.

Keywords: blockchain, data APIs, web3, real-time, flexible solutions, dependability, low latency, scalability, Compute Units, Snowflake acquisition.