AI-Driven Crypto research platform SoSoValue raises $15 million Series A to launch the Investible Spot Index Protocol SSI
SoSoValue,
the
leading
AI-driven
investment
research
platform,
announced
today
that
it
has
raised
$15
million
in
a
Series
A.
This
comes
on
the
back
of
strong
growth
over
the
last
month,
surpassing
eight
million
registered
users.
This
comes
as
crypto
assets
continue
hitting
higher
all-time
prices
and
overall
interest
in
the
asset
class
recently
drove
total
market
capitalisation
across
all
tokens
to
nearly
$4
trillion
just
weeks
ago.
The
Series
A
round,
co-led
by existing
shareholder
HSG and SmallSpark,
with
participation
from Mirana
Ventures and SafePal,
brings
the
crypto
startup’s
valuation
to
approximately
$200
million.
Following
its
$4.15
million
seed
round
in
mid-2024,
the
total
investment
in
the
project
now
approaches
$20
million.
This
latest
funding
round
was
closed
at
the
end
of
December
and
is
primarily
earmarked
as
a
reserve
fund
for
the SoSoValue
Indices
(SSI)
Protocol,
an
innovative
spot
crypto
index
protocol
designed
to
help
efficient
investment
in
the
crypto
market.
SoSoValue
launched
four
SSI
tokens
on
Base
chain
as
beta
test
in
late
December
2024,
namely;
MAG7.ssi,
MEME.ssi,
DEFI.ssi,
and
USSI
(Delta-neutral
funding-rate
earning).
Within
two
weeks,
more
than
10,000
unique
wallet
addresses
have
been
shown
to
be
holding
SSI
tokens.
The
SoSoValue
Index
Protocol
is
a
cutting-edge
spot
index
solution
designed
to
make
crypto
investments
simple
and
secured.
It
leverages
on-chain
smart
contracts
to
repackage
multi-chain,
multi-asset
portfolios
into wrapped
tokens that
represent
a
basket
of
assets.
These
tokens
track
the
price
action
of
the
underlying,
effectively
achieving
the
effects
of passive
index
investing.
The
underlying
spot
assets
are
safeguarded
by
licensed
custodian
partners
for
security
and
full
transparency.
The
SSI
tokens
automatically
rebalance
monthly.
Token
holders
are
subject
to
0.01%
tech
service
fee
per
24
hours.
“As
Charlie
Munger
famously
said,
‘In
the
long
run,
none
of
us
can
beat
the
market.’
For
ordinary
investors,
the
best
approach
is
index
investing.
We
believe
the
best
solution
for
everyday
investors
is
a
spot-based
index
that
automatically
rebalances—as
a
stress-free,
market-tracking
investment
option.”
said
Jivvva
Kwan,
co-founder
at
SoSoValue.
“
To
further
democratize
investing,
we
plan
to
launch
an
open-source
index
creation
tool,
empowering
professional
investors
to
turn
their
unique
market
insights
into
actionable
index
strategies.
This
will
enable
anyone
to
issue
their
own
indices,
embodying
SoSoValue’s
commitment
to
information
and
asset
equality.”
With
the
SSI
launch,
SoSoValue
follows
through
on
its
vision
to
make
crypto
investment
tools
and
resources
accessible
and
equitable
for
everyone.
The
SSI
protocol
to
SoSoValue’s
comprehensive
data
platforms
is
the
natural
evolution
of
a
mission
to
attract
and
sustain
healthy,
long-term
participation
in
the
cryptocurrency
market.
Organic
growth
to
more
than
eight
million
total
users
in
one
year
represents
a
near-tripling
of
the
user
base
and
shows
the
appetite
for
such
products.
SoSoValue
helps
retail
investors
to
sift
through
vast
amounts
of
data
to
find
meaningful
insights;
and
achieves
this
by
leveraging
advanced
AI
algorithms
that
analyze
data
from
multiple
sources
and
present
it
in
an
intuitive
dashboard.
Every
investor,
regardless
of
background,
has
access
to
the
same
high-quality
information
and
is
given
the
tools
to
better
understand
it.
“Finding
reliable,
relevant
data
has
historically
been
a
challenge
in
the
space,
as
it
has
been
fragmented
across
disparate
platforms
and
providers,
and
we
are
on
a
mission
to
simplify
investing
in
this
asset
class
for
all
market
participants,”
said
co-founder
Jessie
Lo.
“Our
growth
this
past
year
is
proof
there
is
an
appetite
for
actionable
information
and
products,
and
we
will
continue
to
expand
and
bring
more
to
our
users
throughout
the
rest
of
this
year
and
beyond.”
Funds
will
also
be
used
to
expand
teams
across
marketing,
engineering,
and
business
development,
and
also
to
bring
additional
products
to
market
that
are
expected
to
be
launched
over
the
coming
quarters.
Development
on
SoSoValue
began
in
2023
and
after
the
launch
in
2024
is
rapidly
growing
to
become
the
largest
professional
research
platform
for
digital
assets.
It
was
the
first
to
highlight
net-inflows
and
net-outflows
from Bitcoin
ETFs on
a
unified
dashboard,
and
is
also
the
first
to
bring
together
spot
indexes
in
token
form.
To
learn
more,
please
visit https://www.sosovalue.com or
join
the
SoSoValue
community
on Twitter/X or Telegram.
About
SoSoValue
SoSoValue
is
an
AI-driven
crypto
research
platform
that
offers
global
investors
free
access
to
professional-grade
market
data,
ETF
dashboards,
24-hour
news,
and
community
services.
With
over
8
million
registered
users
worldwide,
SoSoValue
is
the
largest
professional
crypto
research
platform,
now
available
on
PC
and
mobile
apps
for
both
Android
and
iOS.
Backers
include
HSG,
SmallSpark,
Mirana
Ventures,
SafePal,
GSR
Markets,
Alumni
Ventures,
CoinSummer
Labs,
OnePiece
Labs,
and
others;
and
the
founding
team
spans
decades
of
experience
in
AI,
traditional
and
digital
asset
markets.
SoSoValue
empowers
investors
with
equitable
access
to
investment
tools
and
resources.
Social
Links:
Website: http://sosovalue.com/
X: https://x.com/SoSoValueCrypto
YouTube: https://www.youtube.com/@sosovalue
Telegram: https://t.me/SoSoValueCommunity
Android
App: https://play.google.com/store/apps/details?id=com.sosovalue.app
iOS
App: https://apps.apple.com/us/app/sosovalue-crypto-tracker/id6739542818
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