CA-based Sonaverse secures $7million in seed funding. BlockTower Capital led the round, with participation from FBG, Aptos, Ocular Funds, Third Prime Ventures, United Overseas Bank, and Aglaé Ventures.
The money will be used by the business to push institutional platform adoption throughout the world and quicken product development.
Under the direction of its CEO and founder, Patrick Kim, Sonarverse offers its clients an on-chain data infrastructure that unifies, normalizes, and distributes standardized data across all major blockchains and DeFi platforms.
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By utilizing Snowflake’s big data technology, Sonaverse provides curated and dependable datasets for over 30 chains, thereby removing the need for financial institutions and related enterprises to spin up and work with nodes, clean and curate data, or build and maintain APIs. This allows for a seamless and infinite data sharing experience.
Furthermore, for Ethereum, Solana, Binance, Polygon, Bitcoin, Celo, Gnosis, and Fanton, among many other chains, Sonarvers’ data visualization platform offers lucid insights into wallet activities, token volume, and other crucial on-chain metrics. This enables users to swiftly and effectively extract actionable intelligence from blockchain data.
Patrick Kim said: “With our state-of-the-art data infrastructure powered by Snowflake, Sonarverse is not just participating in the digital asset space; we are actively shaping its future, offering institutional grade infrastructure that promises to redefine how financial institutions engage with and invest in blockchain technology.”
About Sonaverse
Sonarverse is a cutting-edge institutional Web3 data infrastructure platform that transforms the analysis and access of blockchain data. For the cryptocurrency ecosystem, Sonarverse provides high-quality, vetted, polished datasets that are suitable for analytics.
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