Merkle Science: Raises $5.75M in Series A Funding

Merkle Science: Raises $5.75M in Series A Funding

  • Merkle Science, a Singapore-based predictive blockchain monitoring and investigative platform, closed a $5.75m USD Series A funding round
  • The round was led by Darrow Holdings with participation from Kraken Ventures, Uncorrelated Ventures, Fenbushi Capital, Token Bay Capital, Kenetic, and Lunex Ventures
  • In addition, MerkleScience adds venture investment veteran and Head of Digital Asset Investments at Susquehanna, Dean Carlson, to its board
  • The company intends to use the funds to accelerate product development to serve enterprise segments
  • The company, which has clients globally, recently launched in the USA
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

UK Banks to Gain Access to Anthropic Cybersecurity Model Next Week

New collaboration enhances cybersecurity for UK banking institutions.Highlights: UK banks set to access Anthropic's cybersecurity model soon.Collaboration aims...

ABN AMRO Expands Access to Crypto Investments

The bank now offers clients direct access to cryptocurrency.Highlights: ABN AMRO now allows clients to invest in cryptocurrency...

UniCredit Strengthens Investment in Blockinvest with $4 Million Funding

The Italian bank targets innovation in blockchain technology through this investment.Highlights: UniCredit invests $4 million in Blockinvest to...

DTCC Strengthens Operations by Moving to Public Cloud with AWS and Microsoft

The Depository Trust & Clearing Corporation embraces cloud technology for enhanced services.Highlights: DTCC announces shift to public cloud...