Tuesday, February 4, 2025
6.3 C
London
HomeBankingPyor raises $4 million to scale digital asset buinsess

Pyor raises $4 million to scale digital asset buinsess

Date:

BNY Mellon Appoints Carolyn Weinberg as Chief Solutions Innovation Officer

Global financial services firm welcomes industry veteran to drive...

Anchor Raises $20M for Autonomous Billing and Collections Platform

Innovative fintech startup secures funding to revolutionize B2B billing...

Emirates NBD and Rasmal Ventures Invest $7.6M in MENA Securitisation Innovation

Deniz Ventures and Rasmal Ventures back TeamSec to transform...

PYOR (Power Your Own Research) has raised $4 million in seed funding to scale its digital asset business. The company aims to provide high-fidelity data and insights for the digital assets industry, focusing on institutional-grade infrastructure and standardized analytics.

Facts

  • PYOR has raised $4 million USD in its seed funding round.
  • The funding was led by Castle Island Ventures and included investment from Hash3, Antler, Future Perfect Venture, Force Ventures, CoinSwitch Ventures, Coinbase Ventures, and angel investor Balaji Srinivasan.
  • PYOR aims to build the industry standard for digital asset platforms and develop institutional-grade infrastructure for decision-making in the retail-led digital assets segment.
  • The funding will be used to expand PYOR’s core infrastructure and product platform, enhance data interpretation for digital assets, and drive global institutional participation.
  • The funds will also support team expansion and hiring across various roles.
  • PYOR was founded in August 2022 and offers a desktop analytics interface, providing key insights on digital assets.
  • The company recently launched its Terminal product, a plug-and-play data terminal that enables institutions to access fundamental blockchain data and write private queries through a customized dashboard.

Related stories

spot_img

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories