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Merkle Science Has Closed a $5.75 Million Series A Funding Round Led by Darrow Holdings
Summary: Predictive blockchain analytics firm Merkle Science said it completed an initial fundraising round and named Susquehanna International Group’s head of digital assets investment to its board, according to Bloomberg. Merkle, based in Singapore, has closed a $5.75 million Series A funding round led by Darrow Holdings, according to a statement Tuesday. Other investors in the ...
Predictive blockchain analytics firm Merkle Science said it completed an initial fundraising round and named Susquehanna International Group’s head of digital assets investment to its board, according to Bloomberg.
Merkle, based in Singapore, has closed a $5.75 million Series A funding round led by Darrow Holdings, according to a statement Tuesday. Other investors in the round include Kraken Ventures, Bain-backed Uncorrelated Ventures, Fenbushi Capital, Token Bay Capital, Kenetic and Lunex Ventures.
Its co-founder and Chief Executive Officer Mriganka Pattnaik said, “We are seeing strong demand especially from fintech, financial institutions, payment processors, and law enforcement agencies for compliance and forensics tools as there is mainstream adoption of cryptocurrencies,” Pattnaik said. “We continue to evolve our current offerings to stay abreast of ever-changing crypto criminal activity.”
By Amy Liu
Tags: Blockchain,Funding,Merkle Science
Link: Merkle Science Has Closed a $5.75 Million Series A Funding Round Led by Darrow Holdings [Copy]
