• 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

Japan Tightens Access to Crypto Through Regulated Exchanges

chest

Japanese authorities are enforcing stricter access to cryptocurrency platforms, limiting services to those that comply with domestic regulations.

user avatarRajesh Kumar

PEPE Token Shows Strong Performance Against Major Cryptocurrencies

chest

PEPE token showed strong performance with a 146% increase against USD, maintaining stability and key support levels.

user avatarJesper Sørensen

Vitalik Buterin Emphasizes Individual Sovereignty in Ethereum Development

chest

Vitalik Buterin emphasizes the importance of individual sovereignty in Ethereum development, urging developers to prioritize resilience over convenience.

user avatarLucas Weissmann

Institutional Interest in Ethereum Grows Amid Regulatory Clarity

chest

Institutional investors are increasingly building on Ethereum due to clearer regulatory frameworks in the U.S., leading to a surge in stablecoin transfer volume.

user avatarFilippo Romano

Technological Advances Transform Fan Engagement in Sports

chest

Technological advancements in streaming and AI are reshaping how fans engage with sports content.

user avatarEmily Carter

DGrid Unveils Innovative Proof of Quality Mechanism

chest

DGrid unveils its Proof of Quality mechanism to ensure AI result reliability in a decentralized network.

user avatarKaterina Papadopoulou

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.