News Formal

CryptoQuant Parent Raises $6.5M Round Led by Atinum Investment

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 37 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

.cryptoquant_com's parent company Team Blackbird has raised a $6.5 million Series A for expanding domestic and international operations. thesamreynolds reports.

Data analytics platform CryptoQuant announced that its parent company, Team Blackbird, has closed a $6.5 million Series A led by South Korea-based Atinum Investment.

"Digital assets are considered particularly risky speculative assets due to the difficulty in finding reliable information and engaging in speculative investments without data analysis," Joo Gi-Young, CEO of Team Blackbird, said in a press release."CryptoQuant’s main value lies in proving that it is possible to redefine investment methodologies for digital assets and establish criteria for evaluating asset value based on accurate data.

The company said it plans to use the proceeds to recruit for both its South Korea and international operations. The Series A brings the company’s total capital raise to $9 million, with previous investment from Galaxy Interactive and Mirae Asset Capital.

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.

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.

Jenny Craig to return online after being bought by Nutrisystem's parent companyWeight loss brand Jenny Craig is getting a second lease on life after going out of business in May.
Source: ABC7 - 🏆 67. / 68 Read more »