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Blockchain Analytics Firm Nansen Raises $75 Million in Funding Led by Accel

12/18/2021
in Blockchain
Blockchain Analytics Firm Nansen Raises $75 Million in Funding Led by Accel
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The blockchain analytics platform Nansen raised $75 million through a Collection B funding spherical led by the enterprise capital agency Accel. The funding will goal to increase the previous’s international presence and speed up the event of revolutionary product choices for patrons.

Nansen’s Latest Funding Spherical

The Singapore-based blockchain platform announced the information on its official web site. Aside from Accel, the funding spherical was supported by a number of different enterprise capital corporations, together with Andreessen Horowitz (a16z), GIC, Tiger World, SCB 10X, and extra.

Nansen knowledgeable that the funding will gas the corporate’s subsequent part of progress and growth. It additionally intends so as to add revolutionary platform options, multichain integrations and increase globally.

The final funding spherical which Nansen raised was in June this yr. The corporate famous that since then, it had launched a number of developments. A few of them embrace broader blockchain help from Ethereum and Polygon to Binance Sensible Chain (BSC), Fantom, Avalanche, Celo, and Ronin.

Nansen additionally joined the non-fungible token area and took half in over 18,000 NFT collections. Moreover, the corporate employed 55 new group members throughout 28 international locations.

“2021 has been an inspirational yr for us. We’re grateful for the way a lot our clients love Nansen, and with this newest spherical, we are able to serve them even higher. As well as, we are able to now onboard new buyer segments that may profit from market-leading on-chain analytics”, stated Alex Svanevik – Co-Founder and CEO at Nansen.

Following the newest initiative, Nansen is able to present international traders with a “world-class product to discover the most recent crypto tendencies and make extra knowledgeable selections,” Svanevik assured.

Andrei Brasoveanu – Associate at Accel – predicted that the funding spherical may present “enormous” alternatives for Nansen. It even has the potential to turn into “traders’ go-to platform for crypto insights and knowledge.”

Nansen’s Earlier Endeavors

At the start of October, the data-analytics supplier added support for the decentralized good contracts platform – Fantom Community.

Consequently, Nansen started exhibiting Fantom’s knowledge on its dashboards. Talking on the matter, Michael Kong – Fantom’s CEO – stated:

“Nansen analytics will carry visibility to revolutionary initiatives on the community and amplify their successes. We’re excited in regards to the elevated utilization Nansen will carry to Fantom and the unimaginable wealth of data that the analytics platform will make obtainable.”

Apparently, shortly after asserting the information, the native token of Fantom Community – FTM – soared by 30%.

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