Crypto data startup Nomics just secured $3 million in funding from investors including Coinbase Ventures

Cryptocurrency data startup Nomics has raised $3M in funding in a Series A investment round that included investors such as Coinbase Ventures, CoVenture Crypto, Digital Currency Group and PolyMath. The funding will be utilized to increase the company’s engineering team and improving the indexing of crypto trading data.

Nomic CEO Clay Collins has stated that “while it’s a fairly trivial task to price (and have listings for) 95% of all crypto assets, getting raw ticks/ trades, all on-chain data, and orderbook data… for these assets can prove to be quite an engineering challenge”, noting that all employees are working on development full-time.

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Source: https://www.cryptodigest.com/featured/nomics-raises-3m-in-series-a-funding/