Too Long; Didn't Read
There is no doubt that early-stage investors see the potential of data analytics in the blockchain space. In June of this year, the San Francisco-based startup TRM Labs closed a US$14 million Series A funding round. Later, Chainalysis raised a US$100 million Series E funding round and nailed a US$4.2 billion valuation. Singapore-based blockchain data analytics platform Nansen secured a $12 million Series A fundraising round led by Andreessen Horowitz.
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