Messari Announces $4 Million Funding Round Led by Uncork Capital

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Messari, a crypto data and research provider, announced that it secured $4 million in funding led by Uncork CapitalAdditionally, the fund’s founder, Jeff Clavier, will join Messari’s board of directors.

Uncork Capital joins a robust list of investors, recently including Coinbase Ventures. The announcement claims this influx of funds will “further automate [their] data ingestion processes and redistribution capabilities for Registry clients, as well as broaden [thier] analytical product offering for crypto professionals.”

The announcement also marks the launch of an “array” of compliance features and an API aimed at the global cryptocurrency market, in addition to adding an asset monitoring service, a proprietary data feed for index managers, and Messari Pro beta, a “suite of market intelligence tools for professional investors.”

Clavier said of the recent partnership:

“If crypto is going to become a mainstream asset class, it needs quality data that is open and transparent. The Messari team are pioneers in the industry.”

DISCLOSURE

Authors at Crypto Briefing are invested in cryptocurrencies. The author of this post may be invested in digital assets mentioned here.