Switchboard to Discontinue Services on September 25 Amid $7.5 Million Funding

Oracle project Switchboard is discontinuing all services effective September 25. BlockBeats reported that Switchboard has effectively declared bankruptcy, with all operations halting from the stated date. The project secured $7.5 million (approximately 10.4 billion won) in Series A funding in 2024, led by Tribe Capital and Rockwell X, with participation from Solana Foundation. Switchboard provides external data such as prices to blockchain applications. CryptoTicker reported on August 29 that Switchboard had stopped providing price feeds for Suilabs, Aptos, IoTeX, and Movement.