Express

Merkle Science Has Closed a $5.75 Million Series A Funding Round Led by Darrow Holdings

Amy Liu

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

Last Update:

Tags: ,,
Link: Merkle Science Has Closed a $5.75 Million Series A Funding Round Led by Darrow Holdings   [Copy]
  • Parallelized EVMs: The Solana Killer? 4 days ago
  • Bitcoin: The Ultimate Memecoin? 8 days ago
  • Memecoin Mania: Is it Here to Stay or Should You Avoid? 9 days ago
  • LayerZero vs Wormhole vs Axelar vs Chainlink: What’s the Best Interoperability Protocol? 12 days ago
  • Blockchain Platform Berachain Raises $69 Million At $1.5 Billion Valuation 13 days ago
  • You need to login to comment.