- Other investors in the funding round included Franklin Templeton, Galaxy Digital, Rovida Kruptos Assets and executives at GoldenTree Asset Management.
- Amberdata said it will use the funds to double its research and development headcount and expand its operations in the U.S. and internationally.
- The digital asset analytics firm analyzes more than eight million blockchain network transactions and over $500 billion in trading activities daily.
- “Data and insights will continue to play a pivotal role in creating transparency and strengthening risk management frameworks for digital assets,” Siris Singh, Americas head of markets strategic investments at Citigroup, said in a statement.
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