SoSoValue, a crypto financial research startup, has successfully raised $4.15 million in seed funding, which will help the company propel AI driven data services on its platform.
The startup, which is based out of Singapore, has seen an impressive figure of 1.2 million registered users within six months of its launch. The seed funding round for SoSoValue was led by HongShan, the global venture capital firm, and featured contributions from international early-stage investors such as GSR Markets, Alumni Ventures, as well as CoinSummer Labs.
This is a turning point for SoSoValue, having started just five months ago, it already boasts an impressive user base of 1.2 million registered users thereby confirming that there is an increasing demand for sophisticated crypto investment tools.
Jivvva, SoSoValue’s co-founder expressed enthusiasm about the funding, stating, “This investment will propel the development of SoSoValue’s AI-driven data services and fuel the expansion of its global researcher’s community.”
The platform’s main selling point lies in its ability to democratize expert-level market insights and analysis. By utilizing artificial intelligence capabilities, SoSoValue compiles complicated market signals and happenings, reducing them into understandable information.
This method aims to enable all kinds of investors ranging from newbies to professionals, with tools to navigate through cryptocurrency investments which are sometimes complex.
Among SoSoValue’s innovative features is the Bitcoin Spot ETF dashboard, launched on the very day the first approved ETF went live. This tool allows users to track investment inflows into the fund, providing crucial data for monitoring investor trends.
The platform also boasts an AI-powered news aggregator and a Crypto Sector Index, further enhancing its value to users.
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