Amberdata Raises $30M in Series B Funding

Amberdata, New York$30M raised by a company that provides digital asset data to a London-based client in Series B funding.

TheRound was led by Susquehanna International GroupParticipation from Nasdaq VenturesNAB Ventures, Chicago Trading Company, Nexo, Coinbase, Innovius, Citi, Franklin Templeton, Aspenwood Ventures, Rovida Kruptos Assets, Boldstart Ventures.

TheCompany plans to use the funds to expand its product innovation and go-to-market reach. in the United States and internationally to addressThe accelerating institutional adoption of digital assets.

LedCEO Shawn Douglass, AmberdataProvides comprehensive data and insights on blockchain networks, crypto markets and decentralized finance. Financial institutions can use this data to conduct research, trade, analyze, report, and comply. FinancialInstitutions use Amberdataas their digital data partner, to eliminate the infrastructure setup, integration difficulties, and maintenance headaches required to access digital assets data. This will reduce the time and cost of entering the asset class and reduce the time it takes to market.



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