Cryptocurrency analytics company Nansen has efficiently raised $ 75 million with a valuation of up to $ 750 million.
Major money have participated in this Series B funding round on Accel, a16z, GIC (Singapore’s government investment fund), SCB 10x and Tiger Global.
Founded in 2020, Nansen is a cryptocurrency information analytics platform that claims to be in a position to count hundreds of thousands of various cryptocurrency wallets. This unit is well known for remaining in a position to accurately track the portfolios of main traders, enabling followers to master about the actions of these “whales” so they can react immediately.
We are thrilled to announce that Nansen has raised $ 75 million for our Series B driven by @Accel, with the participation of the GIC, @ a16z, @TigerGlobalFund, @ SCB10X_OFFICIAL, along with other main VCs and angel traders!
Read the announcement:https://t.co/AFIBV1WxsN
– Nansnš§ (@nansen_ai) December 16, 2021
In June, Nansen also carried out a Series A round hosted by a16z, which raised $ twelve million.
Answer the interview CoinDesk, CEO Alex Svanevik mentioned that even though the Series A round assisted hyperlink the venture with a lot of of the main investment money in the cryptocurrency marketplace, the Series B round promoted Nansen’s title to standard big money and institutional traders a government degree.
The CEO also uncovered that the income raised will assistance Nansen quickly increase its workforce and create extra goods in the API, NFT and metaverse segments. Svanevik also hinted at the Web3 answers produced by the organization, denying ideas to challenge its very own token.
Many other cryptographic information statisticians this kind of as Kaiko, Messari, Coin Metrics, CryptoCompare, Dune Analytics, and DappRadar have all raised big sums or announced equivalent intentions.
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