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CryptoQuant’s Parent Company, Team Blackbird, Raises $6.5 Million in Series A Funding
(Originally posted on : Crypto News – iGaming.org )
Leading data analytics platform CryptoQuant has revealed that Team Blackbird, the parent business, has completed a $6.5 million Series A fundraising round. Atinum Investment, a well-known investment company located in South Korea, took the lead in the fundraising round. By offering trustworthy data analysis, our investment hopes to help CryptoQuant’s ambition of revolutionizing investment approaches for digital assets. We will examine the fundraising round’s specifics and how they may affect CryptoQuant’s future development in this piece.
Atinum Investment Leads Series A Funding
The $6.5 million Series A fundraising round for Team Blackbird, the organization behind CryptoQuant, was led by South Korean investment group Atinum Investment. This investment demonstrates Atinum’s confidence in the benefits that CryptoQuant’s data analytics technology can provide. The CEO of Team Blackbird, Joo Gi-Young, underlined the value of precise data analysis in the digital asset industry, stating, “CryptoQuant’s main value lies in proving that it is possible to redefine investment methodologies for digital assets and establish criteria for evaluating asset value based on accurate data.”
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Expansion Plans and Recruitment Efforts
The money raised in the Series A investment round will allow Team Blackbird to concentrate on growing its activities both domestically and abroad. The business wants to grow by bringing on top people to help with its purpose of offering trustworthy data analysis for the digital asset sector. Increasing its employees will help CryptoQuant improve its offerings and solidify its position as a reliable source of data-driven information for investors in the digital asset market.
Total Capital Raised and Previous Investments
Team Blackbird has successfully received a total of $9 million in fundraising with the successful conclusion of the Series A funding round. Before this round, reputable companies like Galaxy Interactive and Mirae Asset Capital invested in CryptoQuant. These calculated bets have been key in accelerating CryptoQuant’s development and reaffirming its position as the industry’s premier data analytics platform.