CJ - Cryptocurrency Enthusiast – 12-07-2022
BitsCrunch, a blockchain analytics startup that focuses on leveraging AI to protect the NFT Ecosystem crypto market investments, is pleased to announce that it has raised $3.6 million in a private token round led by Animoca Brands.
Animoca Brands is also a global pioneer in the fields of gamification and blockchain technology. It has a diverse portfolio of over 150 cryptocurrency investments in decentralized and NFT-related initiatives, all of which are working to create Metaverse's future.
Coinbase Ventures, Polygon Studios, and Crypto.com Capital, in addition to Animoca Brands, took part in the deal. Bison Funds, Borderless Capital, Morning Star Ventures, Mapleblock, GravityX, Shima Capital, Spark Digital Capital, and Thykeblock Ventures are among the other investors in the project.
Angel investors from Biconomy CxOs, Ex-CxO Huobi, and Frontier were also present. Meanwhile, bitsCrunch has received backing from Facebook, JP Morgan, and Goldman Sachs specialists.
In a series of tweets, bitsCrunch revealed the full facts of the private token round:
BitsCrunch has the potential to make a significant contribution to the safety and security of the burgeoning open metaverse, given the growing amount of non-fungible digital assets in circulation and the emergence of NFT markets.
In that regard, Vijay Pravin, bitsCrunch's CEO and founder, stated:
“We are glad to be backed by some of the best-in-class investors like Animoca Brands, Coinbase Ventures, Crypto.com Capital, Polygon Studios and other leaders in the blockchain industry.”
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