AllianceBlock Strikes Deal With Crunchbase to Bring Traditional Business Data to DeFi

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 63%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Blockchain-agnostic platform allianceblock has signed a deal with crunchbase to bring traditional finance data into DeFi. Reporting by oknightcrypto.

AllianceBlock, a blockchain-agnostic platform designed to link traditional and decentralized finance , has signed a deal to add business data from Crunchbase to its ecosystem.

The deal is Crunchbase's first foray into the crypto market. The firm's data, which includes funding rounds as well as information on earnings, will initially be available to AllianceBlock’s Data Tunnel users. The tunnel is a tool that lets users publish, share and consume data in a variety of formats.

“The buying and selling of data is a multibillion dollar growth industry that shows no signs of slowing down," said Rachid Ajaja, CEO and co-founder of AllianceBlock."However, until now, decentralized and centralized data providers and users have operated in siloes, unable to interact."to offer institutional and retail investors a series of tokenized investment products.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 291. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

allianceblock crunchbase OKnightCrypto

allianceblock crunchbase OKnightCrypto 🔥🔥

Can't believe it's been a year since we met her

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

European DeFi startups saw 120% increase in VC investment in 2022: DataEuropean crypto startups providing financial services saw more than half of all VC investment (52%), followed by infrastructure and Web3 startups. 🇳🇱 Venture capital investments in European crypto startups hit an all-time high of $5.7 billion in 2022, despite the market's turbulence. Find out more in the latest study by RockawayX.
Source: Cointelegraph - 🏆 562. / 51 Read more »

OpenLeverage Launches Permissionless Liquid Market to Empower Crypto Users and ProjectsOpenLeverage addresses the problem of insufficient liquidity and poor DeFi instruments range for mid-cap altcoins
Source: Utoday_en - 🏆 295. / 63 Read more »

New York City’s hotel industry remains confusing with ‘misleading’ dataThe inn industry was once relatively simple to track, but pandemic disruption and simultaneous surges in new openings and closures made it as confusing to grasp as a subway map is to first-time vis…
Source: nypost - 🏆 91. / 67 Read more »