Share this article
BTC
$82,353.74
+
8.36%ETH
$1,637.64
+
14.26%USDT
$0.9996
+
0.04%XRP
$2.0252
+
13.69%BNB
$576.94
+
5.46%SOL
$117.00
+
12.37%USDC
$0.9999
-
0.01%DOGE
$0.1577
+
11.82%TRX
$0.2388
+
4.65%ADA
$0.6207
+
11.88%LEO
$9.3911
+
3.25%LINK
$12.42
+
14.68%TON
$3.1147
+
4.27%AVAX
$18.24
+
12.71%XLM
$0.2375
+
7.55%HBAR
$0.1694
+
15.67%SUI
$2.1920
+
13.67%SHIB
$0.0₄1182
+
11.26%OM
$6.7785
+
8.28%BCH
$302.67
+
12.52%Sign Up
- Back to menuPrices
- Back to menuResearch
- Back to menuConsensus
- Back to menu
- Back to menu
- Back to menu
- Back to menuWebinars & Events
Hedge Fund Billionaire Steven Cohen's Point72 Leads $21M Funding Round in Messari
Messari will use the funding to triple its engineering and research headcount and beef up its analyst hub.
Data analytics platform Messari has closed a $21 million Series A funding round led by hedge fund billionaire Steven Cohen's Point72 Ventures.
STORY CONTINUES BELOW
- The round is New York-based Point72 Ventures’ first completed investment in the crypto space.
- The funding will be used by Messari to triple its engineering and research headcount, expand its market intelligence platform and launch new token governance tools.
- “We have a 35-person team now and we will expand to 75 in the next few quarters,” Messari CEO Ryan Selkis told CoinDesk. “We are going to be tripling in size particularly the product engineering side and expanding our analyst hub to include 1,000 contract analysts.”
- “What is notable is that we have affiliates from pretty much all of the major Western exchanges, and custodians. So Blockchain Ventures, Kraken, Gemini, Coinbase and Alameda,” he said.
- Other investors include Underscore VC, Sam Bankman-Fried's Alameda Capital, Blockchain Ventures, CMS Holdings, Gemini Frontier Fund, Kraken Ventures and Nascent. Angel investors include former Thomson Reuters CEO Tom Glocer and Anchorage CEO Diogo Monica, Messari said Thursday.
- Point72 Ventures operating partner Adam Carson has joined Messari’s board of directors.
- Back in May, it emerged that Point72, Millennium Management and Matrix Capital Management were all at varying stages of setting up dedicated cryptocurrency investment vehicles.
Read more: Hedge Fund Giants Millennium, Matrix and Point72 Standing Up DeFi Funds: Sources
Tanzeel Akhtar
Tanzeel Akhtar has contributed to The Wall Street Journal, BBC, Bloomberg, CNBC, Forbes Africa, Financial Times, The Street, Citywire, Investing.com, Euromoney, Yahoo! Finance, Benzinga, Kitco News, African Business Magazine, Hedge Week, Campden Family Office, Modern Investor, Spear's Wealth Management Magazine, Global Investor, ETF.com, ETF Stream, CIO UK, Funds Global Asia, Portfolio Institutional, Interactive Investor, Bitcoin Magazine, CryptoNews.com, Bitcoin.com, The Local, The Next Web, Mining Journal, Money Marketing, Marketing Week and more. Tanzeel trained as a foreign correspondent at the University of Helsinki, Finland and newspaper journalist at the University of Central Lancashire, UK. She holds a BA (Honours) in English Literature from the Manchester Metropolitan University, UK and completed a semester abroad as an ERASMUS student at the National and Kapodistrian University of Athens, Greece. She is NCTJ Qualified - Media Law, Public Administration and passed the Shorthand 100WPM with distinction. She does not currently hold value in any digital currencies or projects.
