Coin Metrics Raises $35M from BNY Mellon and Acrew Capital

Crypto-specialized analytics company Coin Metrics has just completed a Series C funding round in which it has raised $35 million, the company has reported via a press release.

The funding round has reportedly been led by BNY Mellon and Acrew Capital, although Goldman Sachs, Fidelity Investments, Morningside Technology Ventures, Cboe Global Markets, JAM FINTOP Blockchain, Mubadala Investment Company and Brevan Howard Digital have also participated in it.

The company has reported it has also received funding from existing investors, including Coinbase, DCG, Dragonfly Capital, Castle Island Ventures, Highland Capital Partners, Avon Ventures, Communitas Capital, Collab+Currency, The Raptor Group, BlockFi and Animal Ventures.

According to Coin Metrics, the company will use the funds raised to introduce innovative products for data analytics in the cryptocurrency sector and expand activities in international markets.

In May last year, Coin Metrics raised $15 million in a Series B funding round led by Goldman Sachs.

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