• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

SoSoValue plans to launch indices and tokens after raising $15 million

user avatar

by Giorgi Kostiuk

10 months ago

SoSoValue has announced raising $15 million in a Series A funding round, achieving a $200 million valuation ahead of plans to launch indices and tokens.

Investment and SoSoValue's Plans

SoSoValue raised $15 million in Series A funding with participation from SmallSpark.ai and HongShan. These funds are planned to be used for launching an indices protocol and four wrapped tokens on the Base platform.

Upcoming Indices and Tokens Launch

SoSoValue plans to launch an indices protocol and four tokens: MAG7.SSI, MEME.SSI, DEFI.SSI, and USSI. These tokens will provide access to major cryptocurrency assets.

SoSoValue's Popularity Surge Following ETF Approval

SoSoValue's popularity grew after SEC's approval of spot Bitcoin ETFs. The company offers data and reporting for BTC and ETH-based ETFs.

SoSoValue was noted as a crypto-native startup recording daily volume and assets under management.None

The investment raise and the planned launch of new products strengthen SoSoValue's position as a key player in the crypto data market.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Uniswap Foundation's Treasury Management Ensures DeFi Sustainability

chest

The Uniswap Foundation's strategic asset allocation is vital for ensuring long-term sustainability and protecting against market volatility.

user avatarKofi Adjeman

Avalanche and Firo Implement Major System Upgrades

chest

Avalanche and Firo have implemented major system upgrades to enhance network capabilities and performance.

user avatarNguyen Van Long

Avalanche Foundation Grants $20 Million for Subnet Development

chest

Avalanche Foundation announces a $20 million grant to support subnet development.

user avatarSatoshi Nakamura

BOB Tokenomics Unveiled with 4476 Community Allocation

chest

The BOB tokenomics model introduces a significant community allocation aimed at fostering ecosystem growth.

user avatarSatoshi Nakamura

Pico Achieves 32X Performance Boost for Historical Blockchain Data Applications

chest

Pico, the newly launched zero-knowledge virtual machine by Brevis, has achieved a remarkable 32X performance boost for applications utilizing historical blockchain data.

user avatarJesper Sørensen

Hyperliquid Faces Token Unlock Pressure Ahead of Core Contributor Release

chest

Hyperliquid is preparing for a significant token unlock on November 29, 2023, when approximately 992 million HYPE tokens will be released to core contributors, potentially exerting bearish pressure on prices.

user avatarRajesh Kumar

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.