Data provider CryptoQuant raises €6 million

Team Blackbirdthe publisher of the blockchain data platform CryptoQuanthas just completed a series A edited by Atinum Investment.

This Thursday, Team Blackbirdthe Seoul-based company behind CryptoQuantannounced a financing round from series A about 6 million euros (8.5 billion won).

Founded in 2018 in South KoreaTeam Blackbird has launched CryptoQuant in 2019 to offer on-chain data and analytics services to crypto investorsincluding institutional investors.

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Over time, the platform has established itself as a reliable, benchmark solution for monitoring this new market. Today, renowned institutions such as CME and Moody’s benefit from its data.

In a situation where traditional financial institutions are entering the digital asset market, CryptoQuant is the only company with the infrastructure to meet high standards on a global scale. Given the growing importance of on-chain data following the Luna and FTX incidents, we expect the market to grow rapidly,” commented Atinum Investment, in a statement shared with

In addition to the South Korean VC, the fundraising of Team Blackbird also includes IMM Investment, SK, Bass Investment and HillSpring Investment.

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The fresh capital will be used to expand its teams and accelerate its development. The company is currently looking to recruit engineers, product managers, marketers and UI/UX designers.

Recently, Mnemonic and Pyor, two other start-ups specializing in the data cryptoalso announced financing rounds. Last year, French data provider Kaiko raised $53 million in Series B funding.

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