Knowledge analytics platform CryptoQuant introduced that its mother or father firm, Staff Blackbird, has closed a $6.5 million Sequence A led by South Korea-based Atinum Funding.
“Digital property are thought-about notably dangerous speculative property because of the problem to find dependable info and interesting in speculative investments with out information evaluation,” Joo Gi-Younger, CEO of Staff Blackbird, stated in a press launch. “CryptoQuant’s predominant worth lies in proving that it’s doable to redefine funding methodologies for digital property and set up standards for evaluating asset worth based mostly on correct information.”
The corporate stated it plans to make use of the proceeds to recruit for each its South Korea and worldwide operations.
The Sequence A brings the corporate’s whole capital increase to $9 million, with earlier funding from Galaxy Interactive and Mirae Asset Capital.