bitsCrunch Concludes Private Funding Round with a Whopping $3.6M PlatoBlockchain Data Intelligence. Vertical Search. Ai.

bitsCrunch Concludes Private Funding Round with a Whopping $3.6M

Time Stamp: February 24, 2022 9:38 AM

bitsCrunch_raises_$3_6M_From_Animoca_Brands,_Coinbase_Ventures,

  • bitsCrunch raises $3.6M in private round.
  • The sale was led by Animoca Brands.
  • Executives of both parties expressed their thoughts on the milestone.

bitsCrunch, a blockchain analytics firm focusing on using AI to safeguard the NFT Ecosystem, is proud to announce that it has amassed a staggering $3.6 million during its private token round headed by lead investor Animoca Brands.

Furthermore, Animoca Brands is one of the global leaders in gamification and blockchain technology. It has an extensive portfolio of more than 150 investments in decentralized projects and NFT-related projects that are helping shape the future of Metaverse.

Aside from Animoca Brands, Coinbase Ventures, Polygon Studios, and Crypto.com Capital also participated in the sale. Moreover, other companies that backed the project include Bison Funds, Borderless Capital, Morning Star Ventures, Mapleblock, GravityX, Shima Capital, Spark Digital Capital, and Thykeblock Ventures.

In addition, angel investors from CxOs of Biconomy, Ex-CxO Huobi, and Frontier were present. Meanwhile, experts from Facebook, JP Morgan, and Goldman Sachs expressed their support towards bitsCrunch.

bitsCrunch released the complete details of the private token round through a series of tweets:

On the other hand, Executive Chairman and Co-founder of Animoca Brands Yat Siu expressed his thoughts on this milestone:

With the increasing number of non-fungible digital assets in circulation and the rise in NFT marketplaces, bitsCrunch has the potential to contribute meaningfully to the safety and security of the emerging open metaverse.

In that sense, Vijay Pravin, CEO and Founder of bitsCrunch noted:

We are glad to be backed by some of the best-in-class investors like Animoca Brands, Coinbase Ventures, Crypto.com Capital, Polygon Studios and other leaders in the blockchain industry.”

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