CryptoQuant, a leading provider of cryptocurrency trading services, recently announced that its parent company, Team Blackbird, has secured $6.5 million in Series A funding. The funding round was led by venture capital firm SoftBank Ventures Asia and included participation from other investors such as Naver Corporation, Smilegate Investment, and KTB Network.

Team Blackbird is a blockchain-focused venture capital firm that invests in early-stage startups in the blockchain and cryptocurrency space. The company was founded in 2018 and has since invested in a variety of projects, including CryptoQuant, a cryptocurrency trading platform. CryptoQuant provides users with access to advanced trading tools, real-time market data, and portfolio management services.

The new funding will be used to further develop CryptoQuant’s platform and expand its global reach. The company plans to use the funds to build out its engineering team and add new features to its platform. Additionally, CryptoQuant plans to use the funds to expand its presence in Asia and other international markets.

The Series A funding round is a major milestone for CryptoQuant and Team Blackbird. It is an indication of the growing interest in the blockchain and cryptocurrency space and shows that investors are willing to back innovative projects in this sector.

The new funding will help CryptoQuant continue to provide users with the best possible trading experience. With the additional resources, the company can continue to develop its platform and expand its reach to new markets. This will help CryptoQuant remain competitive in the rapidly evolving cryptocurrency trading space.

Overall, the Series A funding round is a major step forward for Team Blackbird and CryptoQuant. The new funds will enable the company to further develop its platform and expand its presence in the global market. This is an exciting development for the cryptocurrency trading space and will help CryptoQuant continue to provide users with the best possible trading experience.