{"id":10581,"date":"2021-08-06T07:54:09","date_gmt":"2021-08-06T07:54:09","guid":{"rendered":"https:\/\/www.buyucoin.com\/crypto-labs\/demand-for-crypto-analytics-continues-as-messari-raises-21-million\/"},"modified":"2021-08-06T07:54:09","modified_gmt":"2021-08-06T07:54:09","slug":"demand-for-crypto-analytics-continues-as-messari-raises-21-million","status":"publish","type":"post","link":"https:\/\/www.buyucoin.com\/crypto-labs\/demand-for-crypto-analytics-continues-as-messari-raises-21-million\/","title":{"rendered":"Demand for Crypto Analytics Continues as Messari Raises $21 Million"},"content":{"rendered":"

The crypto analytics and market intelligence company Messari revealed on Thursday the firm has raised $21 million in a Series A financing round. The funds will be used to expand Messari\u2019s product suites and it aims to \u201ctriple the size of its engineering and research teams.\u201d<\/strong><\/p>\n

Crypto Market Intelligence Firm Messari Secures $21 Million<\/h2>\n

Digital currency analytics and intelligence data have seen massive demand this year. A number of crypto analytics providers have been able to raise millions from investors as institutions and the general public has been hungry for crypto coin statistics. On Thursday, the firm Messari<\/a> announced the company has raised $21 million from strategic investors. The Series A financing saw participation from Point72 Ventures, Coinbase Ventures, Uncork Capital, and Underscore VC.<\/p>\n

Alongside these investors, Messari disclosed that former Thomson Reuters CEO Tom Glocer, Kraken Ventures, Alameda Capital, Blockchain Ventures, and CMS Holdings joined the funding round. Messari started three years ago and was co-founded by former Digital Currency Group executive Ryan Selkis. The Messari co-founder said in a statement that the company was pleased to get financing from \u201can exceptional syndicate of new and existing investors.\u201d<\/p>\n

\u201cThousands of investors, crypto enterprises, and token projects already rely on our products and services to conduct industry diligence and participate in the emerging crypto economy,\u201d Selkis remarked during the funding announcement. \u201cThis new funding reinforces the value we have created for our early crypto-native customers and highlights the opportunity we have to solve some of crypto\u2019s most challenging information and compliance problems for new institutional entrants as well.\u201d<\/p>\n

<\/p>\n

Messari\u2019s Series a Follows Investments in Analytics Firms Like Skew, Coin Metrics<\/h2>\n

This year a few analytics firms have seen significant demand and at the end of April Skew analytics was acquired<\/a> by Coinbase. The following week, the Boston-based Coin Metrics revealed the company raised $15 million in a Series B financing round that was led by the American multinational investment bank and financial services company, Goldman Sachs<\/a>.<\/p>\n

As far as the Messari funding is concerned, the Messari investment is Point72 Ventures\u2019 first investment in the crypto space, according to the announcement. Furthermore, Adam Carson, a partner at Point72 has joined Messari\u2019s board of directors.<\/p>\n

What do you think about Messari raising $21 million in a Series A funding round? Let us know what you think about this subject in the comments section below.<\/strong><\/em><\/p>\n

Bitcoin News
\nFinance, Analytics Firms, Bitcoin, Coin Metrics, Coinbase Ventures, Crypto Analytics, crypto data, Cryptocurrency, data, Investors, messari, Point72 Ventures, Ryan Selkis, Series A Funding, Skew, Uncork Capital, Underscore VC<\/p>\n","protected":false},"excerpt":{"rendered":"

The crypto analytics and market intelligence company Messari revealed on Thursday the firm has raised $21 million in a Series A financing round. The funds will be used to expand Messari\u2019s product suites and it aims to \u201ctriple the size of its engineering and research teams.\u201d Crypto Market Intelligence Firm Messari Secures $21 Million Digital…<\/p>\n","protected":false},"author":0,"featured_media":10582,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[53,3],"tags":[],"class_list":["post-10581","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain-news","category-coin-news"],"_links":{"self":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/10581"}],"collection":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/comments?post=10581"}],"version-history":[{"count":0,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/10581\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media\/10582"}],"wp:attachment":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media?parent=10581"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/categories?post=10581"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/tags?post=10581"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}