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Crypto Data Analysis Startup CryptoCompare Secured Investment From VanEck Subsidiary

Mary Liu

Summary: According to The Block, CryptoCompare, a UK-based crypto data analysis startup, has received a strategic investment from MV Index Solutions (MVIS), a subsidiary of New York asset management company VanEck.  The investment details were not disclosed, but a person familiar with the matter said that MVIS will hold a large number of shares in CryptoCompare. ...

According to The Block, CryptoCompare, a UK-based crypto data analysis startup, has received a strategic investment from MV Index Solutions (MVIS), a subsidiary of New York asset management company VanEck

The investment details were not disclosed, but a person familiar with the matter said that MVIS will hold a large number of shares in CryptoCompare.

CryptoCompare said it now has 430 paid data customers, covering regulatory agencies, institutions, and financial technology companies.

CryptoCompare has been working closely with MVIS on crypto index products since launched the MVIS CryptoCompare Digital Asset 100 Index in 2017. The index tracks the performance of the top 100 digital assets and serves as a benchmark for other indexes.

By Mary Liu

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