Digital Assets Data ropes in $6m Funding for its Crypto-Data Platform

BFSI News

Digital-Assets-Data-ropes-in-6m-Funding-for-its-Crypto-Data-Platform Digital Assets Data ropes in $6m Funding for its Crypto-Data PlatformDigital Assets Data Inc., a Denver, Colorado-based fintech and data company, as per recent reports last week, has raised $6 million in investment funding for its crypto-data platform, from investors:  Distributed Global, Digital Currency Group (DCG), Morgan Creek, Galaxy Digital, Jump Capital, CMT Digital, and Ritholtz Wealth Management CEO Joshua Brown, among others.

With this recent funding, the Denver based Digital Assets Data plans to develop its crypto data platform, catering to the financial industry, offering useful insights to crypto hedge funds, family offices, asset management research firms, among others.

The company launched its crypto-data platform, earlier this year, in Mar. 2019, to enable clients better their understandings and knowledge about the digital asset space and help them build any model, analytic, heuristic, or signal, as a code.

“The support of these leading investment firms represents a significant milestone toward developing a comprehensive platform for crypto data, giving us the ability to offer terabytes of clean on-chain, market, and reference data to customers in a fully hosted cloud environment,” stated Mike Alfred, CEO of Digital Assets Data. “The extensive industry knowledge, networks, and capital of our investors will prove invaluable as we grow our team and service offerings. It will also prove critical as we expand our customer base and solidify our position as the enterprise data cloud of choice for digital asset market participants.”