Coin Metrics
125 High Street, Suite 220, Boston, Massachusetts, 02110, United States
Overview
Coin Metrics is a Boston, MA-based provider of crypto financial intelligence that supplies network data, market data, indexes and network risk solutions to institutional customers. Led by co-founder and CEO Tim Rice, the company offers a comprehensive suite including on-chain data, a universal block explorer, market data and metrics, indexes and network risk management. The company announced a $35M Series C financing in 2022 and intends to use the proceeds for new product innovation and expansion into adjacent spaces. Following its $15M Series B in 2021, Coin Metrics received SOC 2 Type 1 accreditation from Deloitte. Its product set is targeted at institutions touching cryptoassets and aims to support institutional workflows and risk management. Coin Metrics is a Boston, MA-based provider of crypto financial intelligence that supplies network data, market data, indexes and network risk solutions to institutions touching cryptoassets. Led by co-founder and CEO Tim Rice, the company institutionalized its network and market data offerings over the past 18 months and its index offering leverages elements of both. Its index products have been adopted by Fidelity Investments, Osprey Funds and BlockFi. Recently Coin Metrics launched new products including FARUM™ (a network risk management offering) and ATLAS™ (a universal block explorer), both built on its existing data infrastructure. The company said it will use new funding for global expansion and further product innovation to cover more cryptoasset networks and markets. In June 2021 Coin Metrics raised $15M in a Series B led by Goldman Sachs. Coin Metrics provides transparent and actionable cryptoasset market and network data across multiple formats to financial enterprises, funds, media and research outlets, and data/application providers. The company was founded in 2017 by Nic Carter and Aleksei Nokhrin as an open-source blockchain network data and analytics project and was incorporated in August 2018. Its core product is network and market data feeds and analytics delivered in multiple formats for valuation, research and integration. On 27 February 2019 Coin Metrics closed a $1.9M seed funding round led by Castle Island Ventures with participation from Fidelity Investments, Highland Capital Partners and Dragonfly Capital. The company says it will use the funds to continue to expand operations.
- Total raised
- $52M
- Funding rounds
- 3
- Latest round
- Series C
- Latest activity
- Apr 2022
Industries
- Analytics
- Big Data
- Blockchain
- Financial Services
Recent funding
Series C
Apr 2022
$35M
Series B
May 2021
$15M
Seed
Feb 2019
$2M