Crypto Company Coin Metrics Raises $6.7M From Novel Investor
Crypto info plan company Coin Metrics has raised $6.7 million in new funding, in step with a filing with the U.S. Securities and Trade Commission (SEC) on Wednesday. An organization spokesperson confirmed in an e-mail to Unchained Crypto that the capital came from a new, undisclosed investor.
In step with the filing, Coin Metrics raised $6,734,007 via the sale of equity and a class that contains alternate choices, warrants and other rights to receive one other security. The date of the predominant sale is listed as Oct. 5.
Coin Metrics offers network and market info, indexes and network risk alternate choices to institutions that put money into crypto. The company final raised $35 million in a Sequence C funding round in April 2022. The round used to be led by Acrew Capital and BNY Mellon with participation from Goldman Sachs and Fidelity Investments.
Based in 2017, Coin Metrics has a stacked board of directors that contains mission capitalists Nic Carter and Matthew Walsh of Fortress Island Ventures, Goldman Sachs managing director Mathew McDermott and Katey Neate, the COO of digital sources at BNY Mellon.
Source credit : unchainedcrypto.com