Amberdata Raises $30M in Series B Funding
Amberdata, a New York-based provider of a digital asset data, raised $30M in Series B funding.
The round was led by Susquehanna International Group, with participation from Nasdaq Ventures, NAB Ventures, Chicago Trading Company, Nexo, Coinbase, Innovius, Citi, Franklin Templeton, Aspenwood Ventures, Rovida Kruptos Assets, and Boldstart Ventures.
The company intends to use the funds to further product innovation and expand go-to-market in the United States and internationally to address the accelerating institutional adoption of digital assets.
Led by CEO Shawn Douglass, Amberdata delivers comprehensive data and insights into blockchain networks, crypto markets, and decentralized finance, empowering financial institutions with data for research, trading, risk, analytics, reporting, and compliance. Financial institutions use Amberdata as their digital asset data partner to eliminate the infrastructure setup, integration challenges and maintenance headaches to access digital asset data, reducing cost and time to market for entering the asset class.