• 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

a year 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

Bitcoin Faces Resistance Levels as It Attempts to Break Above $92K

chest

Bitcoin is struggling to break through key resistance levels, which are hindering its upward movement.

user avatarMiguel Rodriguez

Community Engagement Boosts Mutuum Finance

chest

Mutuum Finance has built a strong community presence with over 12,000 Twitter followers and various engagement initiatives.

user avatarGustavo Mendoza

Mutuum Finance Introduces Dual Lending Models

chest

Mutuum Finance is developing a decentralized lending protocol with two models: Peer-to-Contract (P2C) and Peer-to-Peer (P2P).

user avatarRajesh Kumar

Hoskinson Highlights Governance Issues in Legacy Finance

chest

Hoskinson criticizes legacy finance governance models, highlighting their rigidity and contrasting them with the flexibility of Web3 platforms.

user avatarLuis Flores

Ripple CTO Advocates for User-Centric Crypto Wallet Updates

chest

David Schwartz, Ripple's CTO, emphasizes the need for user-centric updates in crypto wallets, urging manufacturers to avoid mandatory updates to protect users from vulnerabilities.

user avatarArif Mukhtar

Market Dynamics Affecting Aptos Recovery

chest

Aptos recovery is complicated by increased transaction volumes on the Solana network and Bitcoin's price movements.

user avatarMaria Gutierrez

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.