What is Xangle?
Xangle operates as a global leading crypto asset disclosure platform, dedicated to bringing data transparency to the burgeoning digital asset market. The company achieves this by providing comprehensive, full-scope information on various crypto assets. Xangle's core competency lies in its ability to source and curate on-chain data, which is then intelligently combined with off-chain inputs. This synergistic approach allows Xangle to deliver a complete 360-degree overview for any crypto asset, empowering stakeholders with critical insights for informed decision-making. The platform's focus on data integrity and exhaustive information coverage positions it as a vital infrastructure provider in the evolving cryptocurrency ecosystem.
How much funding has Xangle raised?
Xangle has raised a total of $17M across 1 funding round:
Series B
$17M
Series B (2022): $17M with participation from IMM, Shinhan Capital, Premier Partners, and KB Investment
Key Investors in Xangle
IMM
IMM is an undisclosed investor participating in the funding round, likely providing strategic capital to support Xangle's growth initiatives in the crypto asset disclosure market.
Shinhan Capital
Shinhan Capital, a participant in Xangle's funding, is expected to offer financial backing and potentially strategic guidance to enhance the company's market presence in the cryptocurrency sector.
Premier Partners
Premier Partners has invested in Xangle, indicating a focus on supporting innovative platforms within the financial technology and digital asset space.
What's next for Xangle?
The substantial enterprise-level funding Xangle has garnered, particularly the recent strategic investment, signals a strong confidence in its business model and future potential. This capital infusion is expected to fuel Xangle's expansion into new markets, enhance its technological capabilities, and broaden its service offerings. The company is likely to invest further in its data analytics infrastructure and AI-driven insights to maintain its competitive edge. Strategic partnerships and collaborations will also be crucial as Xangle aims to solidify its position as the go-to platform for crypto asset disclosure and transparency, navigating the complexities of regulatory landscapes and investor demands.
See full Xangle company page
