Sosovalue poised to revolutionize crypto investment research with over $4 million in seed funding

SoSoValue Poised to Revolutionize Crypto Investment Research with Over $4 Million in Seed Funding

Last Updated: June 26, 2024By

The blockchain arena is anticipated to exceed $2 trillion by 2032, boasting a compound annual growth rate of over 85%, heralding a lucrative epoch for crypto investors. However, the cacophony within the crypto sphere often obfuscates discerning potential investment gems. SoSoValue is engineered to mitigate this cacophony, furnishing investors with precise data to facilitate informed investment decisions.

A year prior, CNBC documented a staggering $2 trillion loss by crypto investors. In this volatile landscape, innovative platforms like SoSoValue emerge as indispensable allies in the crypto and blockchain investment milieu.

In a recent communiqué, SoSoValue disclosed the successful acquisition of $4.15 million in seed funding, aimed at revolutionizing crypto investment research. This financial boost, spearheaded by HongShan Capital, saw participation from illustrious early-stage investment entities such as GSR Markets, Alumni Ventures, CoinSummer Labs, OnePiece Labs, alongside notable figures including Gitcoin’s co-founder, an early Ethereum investor, and founders of preeminent Web3 and AI technology firms.

Profiling SoSoValue

Headquartered in Singapore, SoSoValue is an AI-centric investment research platform, conceived as a holistic financial research ecosystem designed to empower crypto investors with insightful decision-making tools amidst a dynamic and tumultuous industry. As a multifaceted crypto research hub, SoSoValue equips its users with avant-garde instruments to monitor crypto assets, access in-depth industry research, and stay abreast of the latest crypto and blockchain developments.

The platform boasts an array of tools including exhaustive token trading data, AI-enhanced news aggregation, macroeconomic and on-chain data dashboards, sophisticated multi-indicator comparison utilities, and the Sector Index (SSI Index). SoSoValue’s Bitcoin Spot ETF dashboard has distinguished it as a preeminent data provider within the industry. Esteemed outlets such as Block Bitcoin Magazine, BSCN, Wu Blockchain, and Foresight News have acknowledged its prowess. This rapid ascendancy has propelled SoSoValue to amass over 1.2 million registered users, with 250,000 active monthly users, primarily hailing from the United States, Japan, China, and Singapore.

In the words of Jiva Kwan, Co-founder of SoSoValue, “Crafted by investors for investors, SoSoValue distills intricate crypto-native information into clear investment insights, delineating signals from noise, and facts from opinions.” Kwan further articulated that only when investors possess unfettered, comprehensive access to the crypto market’s intricacies do they begin to trust and invest confidently.

Allocation of Seed Funds

Per the development team’s announcement, the seed capital will be deployed to augment product capabilities, catering more adeptly to Web3 investors’ requisites. A portion of the funds is earmarked for integrating advanced AI technologies to enhance user experience on the platform, including the development of AI-driven bots designed to deliver personalized updates to users via Telegram.

Moreover, the team intends to allocate funds to support researchers offering innovative and independent insights on crypto and blockchain investments. This initiative aligns with SoSoValue’s mission to foster a more enlightened and equitable crypto investment ecosystem.

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About the Author: Eunji Lim

Eunji lim