Coinalytics Raises $1.1 Million for Blockchain Data Platform

Coinalytics Raises $1.1 Million for Blockchain Data Platform

Coinalytics has raised $1.1m as part of a seed round led by Palo Alto-based incubator The Hive. Founded in April 2014, Coinalytics describes itself as a "real-time intelligence service" for blockchain platforms. Today, the startup enables clients in the bitcoin industry, including undisclosed payment processors, wallet providers and exchanges, to conduct risk assessment through blockchain analysis. Coinalytics CEO Fabio Federici told CoinDesk: "We're not building the infrastructure. But, if someone is accepting bitcoin, we can provide them ways to understand their users better." Federici....


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