Crypto Market Data Provider Amberdata Raises $30M

US-based blockchain analytics startup Amberdata has raised $30 million in a Series B funding round led by Knollwood Investment Advisory.

Overview Structured Data Issues Contributors

Is a

Cryptocurrency

Other attributes

Brands

Susquehanna International Group

Amberdata

‌

Knollwood Investment Advisory

CEO

Shawn Douglass

Date Invented

May 3, 2022

Location

United States

Round participants include Susquehanna International Group, Nasdaq Ventures, NAB Ventures, Chicago Trading Company, Nexo, Coinbase, and Innovius.

The startup's current investors - Citigroup, Franklin Templeton, Aspenwood Ventures, Rovida Kruptos Assets and Boldstart Ventures - have increased their investments.

According to the press release, Amberdata provides “comprehensive data and information about blockchain networks, crypto markets and the DeFi sector” to financial institutions in the digital asset class. Clients use the information for research, trading, risk assessment, analytics, reporting, and compliance.