Demand for Crypto Analytics Continues as Messari Raises $21 Million
The crypto analytics and market intelligence company Messari revealed on Thursday the firm has raised $21 million in a Series A financing round. The funds will be used to expand Messari’s product suites and it aims to “triple the size of its engineering and research teams.” Crypto Market Intelligence Firm Messari Secures $21 Million Digital currency analytics and intelligence data have seen massive demand this year. A number of crypto analytics providers have been able to raise millions from investors as institutions and the general public has been hungry for crypto coin....
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The team behind the platform that allows users to track data on the Ethereum blockchain, Dune Analytics, announced the firm has raised $8 million from strategic investors like Union Square Ventures. Dune Analytics detailed the firm plans to leverage the new financing in order to hire more help and monitor other blockchains. Crypto Metrics Provider Dune Analytics Raises $8 Million Crypto data services and analytics has seen massive demand in 2021 as everyone wants to gather factoids on their favorite crypto assets. Bitcoin.com News recently reported on the crypto firm Messari raising $21....
On May 5, the cryptocurrency data and analytics provider Coin Metrics announced the firm has raised $15 million in a Series B financing round. The funding was led by Goldman Sachs and a number of other venture firms, as digital currency data has become a hot commodity in recent times. Digital Currency Data and Analytics Firm Coin Metrics Raises $15 Million The Boston-based Coin Metrics has revealed the company has raised $15 million in a Series B financing round that was led by the American multinational investment bank and financial services company, Goldman Sachs. The company Coin....
Messari, a leading crypto analytics firm, has recently published an in-depth report on the XRP Ledger’s performance in Q3 2023. The data, accumulated in association with XRPScan, CoinGecko, and Coin Metrics, paints a picture of growth in certain areas while highlighting potential challenges in others. XRP Ledger Sees Robust Growth Messari’s report highlights that following […]
Charles Hoskinson’s blockchain has again become one of the most active networks by transaction volume as it approaches that of Bitcoin but none of that has helped the price of ADA. The Cardano blockchain has experienced an explosion in on-chain activity and now trails only Bitcoin in current 24-hour transaction volume, surpassing Ethereum in the process according to Messari.Cardano (ADA) currently has $17.04 billion in 24-hour transaction volume, according to data from on-chain analytics firm Messari. With Bitcoin (BTC) at $18.85 billion and Ethereum (ETH) at $5.25 billion according to....
“While investor participation in the crypto industry has grown exponentially over the past three years, current crypto research and analysis tools are still lacking the sophisticated signals and data that more advanced investors need,” said Adam Carson of Point72 Ventures. Cryptocurrency market intelligence provider Messari has concluded a $21 million fundraise that was supported by some of the biggest venture firms in blockchain, once again highlighting growing investor appetite for budding crypto startups. The new funding will aid Messari in expanding its product suites as well as hiring....