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Amberdata Raises $30M To Chase The “Unlimited Opportunity” Of Bringing Traditional Finance Into Web3

May 04, 2022over 3 years ago

Amount Raised

$30 Million

Description

Amberdata, an institutionally-focused digital asset data provider, has raised $30 million in its Series B, its CEO Shawn Douglass exclusively told TechCrunch.

Company Information

Company

Amberdata

About

The capital will be used to build new product lines and although Amberdata has existing deals in the US, UK, Latin America, Singapore and Australia, it wants to expand more globally As its name suggests, Amberdata provides data and insights into blockchain networks, crypto exchanges and decentralized finance for some of the largest financial and digital asset institutions like Citi, Coinbase, Nasdaq, Franklin Templeton, among others.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech