BREAKING  The Graph's builders launch ampersend with Coinbase, Google & the Ethereum Foundation Amp ships SOC 2 Type I verifiable blockchain data via SQL API “Almost all of DeFi uses The Graph” a16z projects AI agents could drive $30T in purchases by 2030 Reported $60M raised to build blockchain data infrastructure Rodrigo Coelho named CEO as institutional focus sharpens

Company Profile · Blockchain Infrastructure

The Team That Indexed Crypto Now Wants Banks to Prove It

Edge & Node built the query layer beneath most of DeFi. Now the same engineers are packaging blockchain data for the banks, stablecoin issuers, and AI agents that need to prove where every number came from.

Every time someone opens a decentralized-finance app to check a balance, swap a token, or read a lending rate, a query fires off somewhere in the background. For a large share of those apps, that query passes through infrastructure built by a San Francisco company most users have never heard of. The company is Edge & Node, and it is the team behind The Graph - an open protocol that turns the raw, unreadable sprawl of a blockchain into data developers can actually ask questions of.

That work made Edge & Node one of web3's quiet infrastructure layers. What it is doing now is more interesting than the origin story. The same engineers who made blockchain data queryable have set out to make it provable - packaging on-chain information so that a bank, a stablecoin issuer, or a compliance officer can stand behind it. The company's own line for this is blunt: blockchain data your institution can prove, not just trust.

01 / What it doesFrom a graph, an ampersand

The name is a tell. In graph theory, a network is made of nodes and the edges that connect them - the exact structure at the heart of The Graph. Edge & Node builds and operates blockchain data infrastructure, and it does so from two directions at once. On one side, it contributes to and helps maintain The Graph, a decentralized protocol governed by a broader community and foundation. On the other, it builds commercial products on top of the expertise that protocol gave it.

The Graph itself works by organizing blockchain data into open APIs called subgraphs, queried with GraphQL. Instead of every team writing brittle code to crawl a chain, they point at a subgraph and get clean, structured results. It is the sort of unglamorous plumbing that, once it exists, everything else quietly depends on.

2018
The Graph created; Edge & Node formed in 2020
~51
Employees, engineering-led
$60M
Reported funding raised

02 / The problemChains are honest. They are also a mess.

A public blockchain records everything and organizes almost nothing. The data is trustworthy in the cryptographic sense - you can verify it - but it arrives as a chaotic stream of transactions, logs, and addresses that no risk team would accept at face value. For a developer, that means slow, custom indexing. For an institution, it means something worse: you cannot easily prove to a regulator that the number in your report actually traces back to what happened on-chain.

That gap is the problem Edge & Node has spent years learning to close. The Graph solved the developer's version. Its newer products aim at the institution's version, which arrives with deadlines attached - stablecoin issuers, for instance, are already assessing infrastructure ahead of tightening rules on how reserves and activity must be documented.

“Almost all of DeFi uses The Graph.”Tegan Kline, co-founder

03 / Products & servicesThree products, one thesis

The portfolio reads as a single idea expressed at three altitudes: make on-chain data structured, verifiable, and usable - first for developers, then for enterprises, then for the AI agents that will soon transact on their own.

The Graph
Open indexing protocol. Queries networks like Ethereum and IPFS through GraphQL subgraphs. The developer-facing foundation the rest is built on.
Amp
Verifiable data infrastructure. Turns raw multi-chain activity into structured datasets delivered over a SQL API, with cryptographic provenance back to the source. SOC 2 Type I certified; deployable on-prem or in a customer's own cloud.
ampersend
A wallet for agents. A control layer where organizations set spending limits, policies, and audit trails for autonomous AI agents. Built on Coinbase's x402 payment protocol; compatible with Google's A2A framework and Ethereum's ERC-8004.
Advisory
Compliance architecture. Fixed-scope assessments that help regulated institutions design their blockchain data and compliance stack as they move into digital assets.
The stack, top to bottom. One team, four ways to get provable data out of a blockchain - from open protocol to enterprise SQL to agent governance.

Amp is the clearest expression of the institutional turn. It is built by the engineers who created The Graph and Graph Node, and it does something deceptively plain: it hands a data team a SQL API and clean, cross-chain datasets, each row traceable back to its on-chain origin. For a treasury or risk group, that traceability is the entire point.

ampersend, launched in late 2025, points at the next frontier. As AI agents begin making payments and calls on behalf of companies, the lack of a standard way to watch and bound them becomes a real liability. ampersend gives organizations one interface to set budgets, approvals, and audit trails across networks. It was developed with Coinbase, Google, and the Ethereum Foundation's decentralized-AI team - an unusually broad set of collaborators for a single dashboard.

“Building the infrastructure institutions can stake their reputation on.”Edge & Node

04 / Who uses itFrom DeFi developers to the compliance desk

For years, Edge & Node's users were web3 and DeFi developers - the people building the swaps, lending markets, and dashboards that read on-chain state through The Graph. That base is wide; the company's own shorthand is that almost all of DeFi touches the protocol in some way.

The newer customer sits on a very different floor of a very different building: regulated banks, stablecoin issuers, enterprise data teams, and the compliance, risk, and treasury groups inside them. It is a deliberate move up-market, and it works precisely because the underlying capability - reliable, verifiable blockchain data - is the same one these institutions have been missing.

05 / The market fitWhy the second act makes sense

There is a pattern in crypto that rarely makes headlines: the infrastructure companies outlast the manias. Edge & Node fits it. Phase one was open protocol, developer tooling, and web3 ideals - decentralization, community, market-based incentives. Phase two is compliance-grade data for institutions edging into digital assets. The mission held; the customer changed.

The framing that ties the whole thing together is a distinction the company keeps returning to - provable versus trusted. Plenty of vendors will hand an institution blockchain data. Edge & Node's argument is that data an institution cannot cryptographically prove is data it cannot really use when someone official asks it to show its work.

2018
The Graph
2020
Edge & Node forms
2021
Public launch
2025
Amp
2025
ampersend
A widening ambition. The line from a developer protocol to an agent-payments control layer, drawn as steps. Heights are illustrative, not financial.

06 / The peopleAPI veterans and a Wall Street convert

The founding team came together around The Graph: Yaniv Tal, Brandon Ramirez, Jannis Pohlmann, Tegan Kline, and Carl Hagerling, with a broader founding group behind them. Tal, Ramirez, and Hagerling had worked together earlier at MuleSoft - the API company Salesforce acquired - which explains a good deal about a company whose instinct is to turn messy systems into clean interfaces.

Kline arrived from finance, with stops at Bank of America Merrill Lynch and Barclays before crypto, and later led fundraising and served as CEO; she was named to Forbes 30 Under 30 in 2022. In early 2025 she stepped down as chief executive and Rodrigo Coelho took the role, framing the company's push toward institutions and the agent economy.

“Blockchain data your institution can prove, not just trust.”Company positioning

07 / Business modelProtocol on one side, products on the other

Edge & Node does not run on a single subscription line. It contributes to The Graph under service agreements with The Graph Foundation, while earning commercially from enterprise software - Amp and ampersend - and from fixed-scope compliance advisory work. The open protocol builds credibility and reach; the products and consulting convert that credibility into revenue with institutions that need more than an open network can offer on its own.

08 / The competitionA crowded chart, a different axis

On raw blockchain analytics, the names are familiar - Dune, Nansen, Chainalysis, Covalent, and node providers in the Alchemy and Infura mold. On agent payments and control, the field is younger and still forming around standards like x402. Edge & Node's wager is that it competes on a different axis than most: not just access to data, but data with verifiable provenance, delivered in the shape a regulated institution can actually defend.

09 / What's nextBetting on the agent economy

The most forward-leaning part of the story is ampersend and the assumption under it. Edge & Node points to an a16z projection that AI agents could drive $30 trillion in purchases by 2030. If even a fraction of that happens, someone has to give companies a way to bound, watch, and audit what their agents spend. That is the seat Edge & Node is trying to claim - the same instinct that built The Graph, aimed at a market that does not fully exist yet.

2018
The Graph is created
An open indexing protocol for querying Ethereum and IPFS via GraphQL.
2020
Edge & Node forms
The core team behind The Graph incorporates a software company in San Francisco.
2021
Public launch
Formally unveiled to build up the protocol after The Graph's mainnet launch.
2022
Growth and recognition
A $50M strategic GRT sale led by Tiger Global; co-founder Tegan Kline joins Forbes 30 Under 30.
2025
Institutional pivot
Amp and ampersend ship; Rodrigo Coelho becomes CEO; focus shifts to verifiable data for institutions and agents.