Coin Metrics Nets $15M Series B Led by Goldman Sachs

Coin Metrics, the blockchain and cryptocurrency data company, said Wednesday it raised $15 million to expand operations in Europe and Asia and create new products.

article-image

Nic Carter, Co-Founder, Coin Metrics

share

key takeaways

  • Access to high quality data has become essential for institutions as their interest in digital assets grows
  • This week Coinbase acquired Skew, a provider of real-time analytics for crypto derivatives, for an undisclosed sum

The demand for digital assets data is still gaining steam. Coin Metrics, the blockchain and cryptocurrency data company, said Wednesday it raised $15 million to expand operations in Europe and Asia and create new products. Goldman Sachs led the round.

Access to high quality data has become essential for institutions as their interest in digital assets grows and they’re increasingly having to assess crypto investments, beef up their offerings with real-time data services and justify their management fees.

Earlier this year billionaire investor George Soros’ fund backed the digital asset data provider Lukka in a $53 million Series D fundraise and Chainalysis raised $100 million

Also, the crypto asset manager NYDIG acquired analytics company Digital Assets Data, Fidelity launched a digital assets analytics solution for fund managers and other institutional investors, and Coinbase acquired Skew, a provider of real-time analytics for crypto derivatives, for an undisclosed sum.

Coin Metrics was founded in 2017 as an open-source project to determine the economic significance of public blockchains. One of its cofounders, Nic Carter, is also a founding partner of Castle Island Ventures, which also invested in the round. 

Highland Capital Partners, Fidelity Investments, Avon Ventures, Communitas Capital, Collab+Currency, Acrew Ventures, Morningside Group, BlockFi and Warburg Serres Investments participated too.

Tags

Decoding crypto and the markets. Daily, with Byron Gilliam.

Upcoming Events

Old Billingsgate

Mon - Wed, October 13 - 15, 2025

Blockworks’ Digital Asset Summit (DAS) will feature conversations between the builders, allocators, and legislators who will shape the trajectory of the digital asset ecosystem in the US and abroad.

recent research

Research Report Templates.png

Research

Content Delivery Networks (CDNs) represent low-hanging fruit in a massive market ripe for Web3-driven disruption. The global CDN market was valued at ~$28B in 2024, and is projected to surpass $140B by 2034, (18.75% CAGR) underscoring the immense demand for efficient content delivery.

article-image

A vote ending Monday could introduce a new layer of security for Ethereum’s largest liquid staking protocol

article-image

Framework’s Michael Anderson explains what tokens need in order to be successful

article-image

Conferences are pop-up innovation clusters—and filters for the riff-raff

article-image

Tariff front-running may have caused an artificial bounce in economic data earlier this year

article-image

Waka Flocka Flame-linked BaseDrop is raising some eyebrows

article-image

IPO’ing onchain, Ethereum scaling, and using AI for ZK