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Crypto analytics firm Allium raises $40M to make blockchain data accessible

By PulseAugur Editorial · [1 sources] ·

Allium, a startup focused on making blockchain data accessible for institutional investors, has secured $40 million in a Series B funding round led by Amplify Partners. The company aims to provide clean and reliable data for financial firms, leveraging insights from AI and machine learning. Despite a challenging market for crypto analytics firms, Allium's co-founder believes increased institutional interest and advancements in AI will drive demand for their services. AI

IMPACT This funding could accelerate the development of AI-powered tools for analyzing complex blockchain data, potentially benefiting institutional investors and AI agents.

RANK_REASON The cluster reports on a significant funding round for an AI-adjacent company in the crypto analytics space. [lever_c_demoted from significant: ic=1 ai=0.7]

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AI-generated summary · Google Gemini · from 1 sources. How we write summaries →

Crypto analytics firm Allium raises $40M to make blockchain data accessible

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Research
The cluster reports on a significant funding round for an AI-adjacent company in the crypto analytics space. [lever_c_demoted from significant: ic=1 ai=0.7]
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funding, product, infra
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95 days old
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COVERAGE [1]

  1. Fortune TIER_1 English(EN) · Ben Weiss ·

    Exclusive: Crypto analytics startup Allium raises $40 million to tame blockchain data for Wall Street

    Amplify Partners led the Series B fundraise, which included participation from Kleiner Perkins and Theory Ventures.

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