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Fortune
Fortune
Catherine McGrath

Crypto data platform SoSoValue raises $15 million in new funding to launch multi-coin indices

A candlestick chart showing bitcoin pricing on a laptop computer at a BitBase cryptocurrency exchange. (Credit: Angel Garcia/Bloomberg—Getty Images)

Growth in the number of mom and pop investors plowing their money into spot crypto exchange-traded funds, or ETFs, has created a mini-boom of companies that cater to them. Among the businesses are research platforms seeking to provide investors with real-time data to track their crypto holdings. 

SoSoValue is one such company that seeks to provide users with comprehensive crypto market data. The Singapore-based startup announced today that it has raised an additional $15 million in funding led by Hongshan, SmallSpark, Mirana Ventures, and Safepal. The round values the company at $200 million and brings its total funding raised to nearly $20 million. 

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