Digital Assets Data nets $3.2m in equity funding

Digital Assets Data, which designs enterprise-grade software and data feeds for the crytpoasset space, has netted $3.2m in an equity round.

The capital injection was led by North Island, with contributions also coming from Ikigai Asset Management, Morgan Creek Digital, Amidst Capital, CMT Digital, Vestigo Ventures, and Digital Currency Group.

The data and analytics company supplies an information feed for crypto hedge funds, protocol teams, family offices, research firms, global consulting firms, banks, sovereigns, and other market participants. Its customisable tools help a client to review and analyse cryptoasset on-chain, market, reference and customer data from multiple sources.

Ikigai chief investment officer Travis Kling said, “Digital Assets Data is our first venture investment at Ikigai, and a fitting one at that. As a large consumer of crypto data, we have trailed many data service providers, and believe Digital Assets Data is providing a compelling solution to the complicated problem of ingesting clean, granular crypto data in an easily analyzable format.

“Additionally, we want to back top-tier leadership teams, and Digital Assets Data has that in spades.”

Digital Assets Data launched its services earlier in the year alongside the close of a $6m seed funding round.

Last year, Vestigo Ventures led the $1.5m funding round of ZenLedger. The startup provides tax software for cryptocurrency investors to manage their portfolio, generate loss statements and automatically complete tax forms.

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