Goldman Sachs leads $15M investment round for Coin Metrics

Cointelegraph

Published May 05, 2021 05:22PM ET

Updated May 05, 2021 07:00PM ET

Blockchain analytics firm Coin Metrics has raised $15 million in a funding found led by financial giant Goldman Sachs (NYSE:GS).

In an announcement today, Coin Metrics said Goldman Sachs, Castle Island Ventures, Highland Capital Partners, Fidelity Investments, Avon Ventures, Communitas Capital, Collab+Currency and others had contributed $15 million to the analytics firm to “accelerate the company’s global expansion” as well as reach more places in the crypto market. Coin Metrics co-founder Nic Carter called the funding a “huge validation” for the firm as a provider of crypto data for institutions.

Continue Reading on Coin Telegraph