Ethereum analytics firm Nansen has raised $12 million in its 2d funding spherical.
Ethereum analytics firm Nansen has raised $12 million in a Sequence A funding spherical led by Andreessen Horowitz.
Nansen Partners with a16z
Nansen has completed its 2d funding spherical in lower than a year.
The blockchain analytics firm announced it had secured a $12 million funding Tuesday. The spherical changed into led by Andreessen Horowitz (a16z) with participation from Skyfall Ventures, Coinbase Ventures, imToken Ventures, Mechanism Capital, QCP Capital, and several other others.
In October closing year, the Ethereum tracking firm had raised $1.2 million in a seed spherical led by Mechanism Capital and Skyfall Ventures.
Nansen is a number one tracker of Ethereum wallets, a carrier that is instrumental in tracing hacker movements and figuring out market traits by taking a see by whale or alternate ETH transactions.
With the funds raised, Nansen says it plans to add strengthen for additional blockchains and Layer 2 solutions, “including Polygon, Optimism, Arbitrum, and additional.” The firm will even give a take to other operations concerning to buyer strengthen and quality in hopes of becoming the “#1 blockchain analytics platform.”
The lead investor of this spherical, a16z, has been one of basically the most active venture capitalists in the place. It just now not too long previously announced one of the largest crypto venture funds of $2.2 billion and led a $314 million funding spherical in Solana.
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