Blockchain Analytics Startup Amberdata Raises $15M in Funding Round Led by Citigroup
The firm will use the funds to double its research and development headcount and expand internationally.
Make preferred on
Share this article
Digital asset analytics firm Amberdata has raised $15 million in a Series A funding round that was led by Citigroup, the company announced Tuesday.
- Other investors in the funding round included Franklin Templeton, Galaxy Digital, Rovida Kruptos Assets and executives at GoldenTree Asset Management.
- Amberdata said it will use the funds to double its research and development headcount and expand its operations in the U.S. and internationally.
- The digital asset analytics firm analyzes more than eight million blockchain network transactions and over $500 billion in trading activities daily.
- “Data and insights will continue to play a pivotal role in creating transparency and strengthening risk management frameworks for digital assets,” Siris Singh, Americas head of markets strategic investments at Citigroup, said in a statement.
Read more: Amberdata Discovers ‘RPC Call’ Bug in Parity Ethereum Client
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
Why it matters:
Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
