Coin Metrics Closes $1.9M Seed Funding Round

coinmetricsCoin Metrics, a Cambridge, Mass.-based provider of cryptoasset market and network data, closed a $1.9m seed funding.

The round was led by Castle Island Ventures, with participation from Fidelity Investments, Highland Capital Partners and Dragonfly Capital.

Created in 2017 by Nic Carter and Aleksei Nokhrin as an open source blockchain network data and analytics project and incorporated in August 2018, Coin Metrics provides transparent and actionable cryptoasset market and network data across multiple formats to various industry stakeholders including financial enterprises, funds, media and research outlets, and data/application providers to understand, value, use, and engage with blockchain based assets.

The company is using the funds to continue to expand operations.



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