Singapore’s crypto startup Xangle raises US$3.3M funding
The story: CrossAngle, operator of the global crypto asset disclosure platform Xangle, announced that it has successfully completed its Series A2 investment round led by Hanwha Investment & Securities, a subsidiary of South Korean conglomerate Hanwha Group.
What is Xangle: Xangle is a public crypto disclosure service focused on providing transparent data for cryptocurrencies like Bitcoin.
In order to provide its disclosure service, Xangle collects, verifies and integrates corporate disclosures from global projects and companies that have issued crypto assets. The platform provides the public access to both off-chain corporate disclosures and on-chain metrics and analytics.
Plans with the capital: The Series A2 investment is expected to enable it to develop an infrastructure for institutionalising crypto data services.