Digital Assets Data raised $ 6 million from Galaxy Digital and Morgan Creek

Digital Assets Data raised $ 6 million from Galaxy Digital and Morgan Creek

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Digital Assets Data raised $ 6 million from Galaxy Digital and Morgan Creek The Digital Assets Data platform raised $ 6 million of seed investments to develop cryptocurrency analysis services, The Block reports.

Digital Currency Group, Galaxy Digital, Morgan Creek, CMT Digital, Jump Capital and other companies took part in the round of financing. “We do not observe sufficient investments in the field of cryptocurrency data analysis, despite the opening opportunities.

However, we are sure that in the next 3-5 years the volume of this market will be several billion dollars, ”said Head of Digital Assets Data Mike Alfred. Currently, 22 developers are working on the analytical platform. Digital Assets Data is confident that the funds raised will expand the product range.

Nevertheless, Alfred notes, in the near future, the startup plans to hold a larger round of financing for Series A. Recall that in February, the analytical blockchain-startup CoinMetrics raised $ 1.9 million from Fidelity Investments, Highland Capital Partners and Dragonfly Capital.

Digital Assets Data raised $ 6 million from Galaxy Digital and Morgan Creek

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