Cryptocurrency data provider Coin Metrics completes $ 6 million Series A funding led by Highland Capital

Cryptocurrency data provider Coin Metrics announces completion of $ 6 million in Series A funding led by Highland Capital Partners. Other investment institutions include Coinbase, Fidelity, Castle Island Ventures, Communitas Capital, Avon Ventures, Raptor Group, Digital Currency Group, and Collaborative Fund. . Coin Metrics said it has received funding to expand its product and team and has earmarked funds to improve its data set. Coin Metrics was founded in 2017 by Nic Carter, a well-known cryptocurrency investor.It was originally an open source blockchain data and analysis project, which was entirely funded by donations and a small amount of sponsorship. In November last year, after Tim Rice, a former Reuters executive, joined Coin Metrics as CEO, the project turned to expanding institutional investor customers and began to become a company that provides blockchain data analysis to professional institutional investors. Services provided by large cryptocurrency hedge funds. The founder of the Coin Metrics project, Nic Carter, once worked at Fidelity Investments, and Castle Island Ventures is also a blockchain investment agency founded by Nic Carter. Lianwen previously reported that Coin Metrics received $ 1.9 million in funding in February this year, led by Castle Island Ventures, with Fidelity Investments, Highland Capital and Dragonfly Capital participating in the investment.