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Singapore crypto startup Nansen raises $75m to fund expansion

Blockchain data analytics company to accelerate hiring, acquisitions

Singapore-based startup Nansen helps users protect their crypto assets.   © Reuters

SINGAPORE -- Blockchain data analytics startup Nansen on Thursday raised $75 million in a Series B funding round led by U.S. venture capital company Accel.

Other prominent investors that participated include Singapore sovereign wealth fund GIC, U.S. investment firm Tiger Global, Siam Commercial Bank (SCB) venture arm SCB 10X and existing investor a16z. Crypto-specific investors such as L1 Digital and Folius Ventures also joined the round.

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