{"id":419344,"date":"2022-03-21T16:00:00","date_gmt":"2022-03-21T13:00:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/the-rise-of-crypto-analytics-data-provider-the-tie-valued-at-100m-following-series-a\/"},"modified":"2022-03-21T16:00:00","modified_gmt":"2022-03-21T13:00:00","slug":"the-rise-of-crypto-analytics-data-provider-the-tie-valued-at-100m-following-series-a","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/the-rise-of-crypto-analytics-data-provider-the-tie-valued-at-100m-following-series-a\/","title":{"rendered":"# The rise of crypto analytics: Data provider The TIE valued at $100M following Series A"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a40fc3d095d0\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a40fc3d095d0\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/the-rise-of-crypto-analytics-data-provider-the-tie-valued-at-100m-following-series-a\/#%E2%80%9D_The_rise_of_crypto_analytics_Data_provider_The_TIE_valued_at_100M_following_Series_A_%E2%80%9C\" >&#8221; The rise of crypto analytics: Data provider The TIE valued at $100M following Series A  &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_The_rise_of_crypto_analytics_Data_provider_The_TIE_valued_at_100M_following_Series_A_%E2%80%9C\"><\/span>&#8221; The rise of crypto analytics: Data provider The TIE valued at $100M following Series A  &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDMvN2I1ZWM0ZDAtYWUzZi00OGRlLTg1MDItYzAyMDNiYjE0YWFhLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-128018ef>Digital asset analytics provider The TIE has closed a strategic investment round backed by some of blockchain\u2019s most prominent investors, underscoring heightened demand for crypto data and software services.\u00a0<\/p>\n<p>The TIE raised $9 million in <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/watch-movies-tv-seriess\/\" data-internallinksmanager029f6b8e52c=\"8\" title=\"Watch Movies &amp; TV Series\" target=\"_blank\" rel=\"noopener\">Series<\/a> A funding at a valuation of $100 million, making it one of the largest crypto analytics services in the market. The funding round was led by Blizzard, an Avalanche-focused investment fund, with additional participation from executives at Golden Tree Asset Management, Nexo, Gemini, Frontier Fund, Republic Capital, Hudson River Trading and New York Digital Investment Group, better known as NYDIG.<\/p>\n<p>The TIE said the new capital injection will be used to further scale its product development and increase in-house capacity. Nearly 100 crypto companies currently use The TIE&#8217;s services. <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Venture capital fell in love with the blockchain in 2021, with a new <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/CBinsights?ref_src=twsrc%5Etfw\">@CBinsights<\/a> report showing a 713% increase in funding. https:\/\/t.co\/6n0RGLzN1o<\/p>\n<p>\u2014 Cointelegraph (@Cointelegraph) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/Cointelegraph\/status\/1489820333704204288?ref_src=twsrc%5Etfw\">February 5, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\nThe TIE\u2019s product suite includes the SigDev Terminal, a customizable data analytics and <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">news<\/a> platform used by leading hedge funds and financial services firms, as well as by <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">media<\/a> companies including Cointelegraph. The company also houses Token Labs, a service to help token issuers make more informed data-driven decisions across their business.<\/p>\n<p>The TIE also provides the sentiment analysis and multiple other datasets that power the Cointelegraph Markets Pro VORTECS\u2122 Score, a real-time algorithmic rating that helps traders understand the current health of the market for a given digital asset.<\/p>\n<p>The company announced that Ava Labs president John Wu will join its board of directors. Wu said that \u201crobust data and workflow solutions\u201d are essential to institutional investors, implying that such data services in crypto could hasten adoption within legacy finance. <\/p>\n<p>Series A is one of the earliest stages in the capital-raising process and is used by established startups to further optimize their product offerings. Crypto startups drew record interest from the venture capital community in 2021, with more than $25 billion flowing to such companies across various funding rounds. As Cointelegraph reported, venture capital funding grew over 700% between 2020 and 2021. <\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>Crypto quant firm Gauntlet valued at $1B following Series B<\/em><\/strong><\/p>\n<p>Data terminals and market analytics are routinely used by investment professionals to trade financial assets, monitor information and optimize user workflow. As the crypto industry continues to attract institutional capital, the need for advanced analytics is becoming more important. <\/p>\n<p>Joshua Frank, The TIE\u2019s co-founder and CEO, confirmed to Cointelegraph that his firm is servicing many hedge funds that have either dabbled in or made significant strides in the digital asset market. \u201cJust like liquidity in cryptocurrency markets, information within the space is fragmented,\u201d Frank said in a written statement. \u201cInstitutional investors are being forced to use 20 different websites and to spend countless hours scrolling through Twitter and Discord just to stay on top of the market.\u201d<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">We have crypto TikTok data, let us know if you want a demo.<\/p>\n<p>Also <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/eddylazzarin?ref_src=twsrc%5Etfw\">@eddylazzarin<\/a> you might be interested <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/aEctgzzOGJ\">pic.twitter.com\/aEctgzzOGJ<\/a><\/p>\n<p>\u2014 The TIE (@TheTIEIO) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/TheTIEIO\/status\/1503555888233259011?ref_src=twsrc%5Etfw\">March 15, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>\u201cOur most significant client base is the buy side and we are primarily working with the front-office,\u201d he said.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"crypto_biz\"><\/template><\/p>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more News articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/the-rise-of-crypto-analytics-data-provider-the-tie-valued-at-100m-following-series-a\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; The rise of crypto analytics: Data provider The TIE valued at $100M following Series A &#8220; Digital asset analytics provider The TIE has closed a strategic investment round backed by some of blockchain\u2019s most prominent investors, underscoring heightened demand for crypto data and software services.\u00a0 The TIE raised $9 million in Series A funding&#8230;<\/p>\n","protected":false},"author":1,"featured_media":419345,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDMvN2I1ZWM0ZDAtYWUzZi00OGRlLTg1MDItYzAyMDNiYjE0YWFhLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[75719,117,72366,71745],"class_list":["post-419344","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-funding","tag-business","tag-data","tag-venture-capital"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/419344","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=419344"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/419344\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/419345"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=419344"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=419344"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=419344"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}