CryptoQuant – an on-chain data provider and market analysis platform – announced its completion of a Series A funding round on Thursday for an additional 8.5 billion KRW ($6.5 million). CryptoQuant’s funding was led by Atinum Investment with added help from IMM Investment, SK, Bass Investment, and HillSpring Investment. “Given the growing importance of on-chain data following the Luna and FTX incidents, we expect rapid growth in the global market,” said Atinum in a press release. The company currently services over 200 institutional customers, including a partnership with the Chicago Mercantile Exchange (CME) formed last year.
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