With $3.2M in new funding, Digital Assets Data looks to expand its institutional platform

Quick Take

  • Digital Assets Data has raised another $3.2 million in an equity funding round to scale its institutional-focused crypto data platform
  • The round brings the firm’s total funding to $9.2 million

Digital Assets Data - the startup that aims to be the Bloomberg and Github of cryptocurrency data - has raised another $3.2 million in equity funding, according to an announcement on Thursday.

The investment is led by tech-focused venture capital firm North Island, Silver Lake co-founder Glenn Hutchins and his son James Hutchins, with participation from previous investors Morgan Creek Digital, Digital Currency Group and Vestigo Ventures, among others.

Mike Alfred, co-founder and CEO of Digital Assets Data, told The Block that the funding will be utilized for hiring “a larger team” of enginee