Cryptocurrency Data Provider The TIE Hits $100M Valuation

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Crypto market data provider The TIE has recently raised $9M and reached a valuation of $100M after completing a Series A funding round.

The investment round, which has been led by Ava Labs-affiliated venture capital firm Blizzard, has also seen the participation of GoldenTree Asset Management, Nexo, NYDIG, Hudson River Trading, Gemini Frontier Fund and Republic Capital.

The main product of the startup is the Crypto SigDev Terminal platform, which is aimed at professional market participants. This tool combines market data (including on-chain, derivatives, social media and corporations) with the news feed.

According to the company, it will use the funds to improve the product in the field of institutional solutions, redistribution of data and information about tokens (tools for creating a strategy for issuers to enter the market).