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Coin Metrics Closes $15M Funding Round Led by Goldman
Goldman's global head of digital assets is joining the company's board.
Crypto data firm Coin Metrics raised $15 million Wednesday in an equity round led by Goldman Sachs.
STORY CONTINUES BELOW
- Castle Island Ventures, Highland Capital Partners, Fidelity Investments, Avon Ventures and others used the funding round to boost their stakes in the Cambridge, Mass.-based company.
- Acrew Ventures, Morningside Group, BlockFi and Warburg Series Investments were among new investors in Coin Metrics, which last raised capital in 2019.
- The company said it plans to accelerate growth and boost product offerings with its latest financing round.
- “Our clients will greatly benefit from Coin Metrics' institutional-grade data insights andemerging risk management tools," said Goldman Global Head of Digital Assets Mathew McDermott, who is joining the company’s board.
Read more: KPMG, BitGo, Coin Metrics Launch New Offering to Drive Institutional Adoption
Danny Nelson
Danny is CoinDesk's managing editor for Data & Tokens. He formerly ran investigations for the Tufts Daily. At CoinDesk, his beats include (but are not limited to): federal policy, regulation, securities law, exchanges, the Solana ecosystem, smart money doing dumb things, dumb money doing smart things and tungsten cubes. He owns BTC, ETH and SOL tokens, as well as the LinksDAO NFT.
