Block Scholes Raises $3.3M in Investment Round
Block Scholes, a London-based crypto analytics firm, has secured $3.3 million in funding to enhance its team and create new products.
The investment came from a variety of sources, including Record PLC, Investcorp, Dair Capital, Saison Capital, CoinSwitch, and FunFair Ventures. This diverse group of investors highlights the growing need for high-quality analytical tools and financial products that enable effective participation in crypto markets.
Established in 2021, Block Scholes intends to use the funding to expand its current services and grow its team. The company provides crypto data services to institutions such as hedge funds, banks, and exchanges. Its offerings include interactive analytical tools with quantitative models and custom visualization capabilities for professional traders, retail market participants, and the public sector.
Eamonn Gashier, the founder and CEO of Block Scholes, emphasized the increasing demand for real-time insightful data on digital assets as more investors engage with crypto and decentralized finance solutions.
Hot Take: Block Scholes Funding Reflects Rising Demand for Crypto Analytical Tools
The recent investment in Block Scholes demonstrates the growing interest in institutional-grade analytical tools and data for crypto markets. With this funding, Block Scholes is poised to expand its offerings and meet the increasing demand for real-time crypto data services.
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