SINGAPORE, Dec. 16, 2021 /PRNewswire/ — Breadcrumbs.app, an open blockchain analytics software, introduced a $1.6 million seed funding spherical as we speak.
Led by Distributed World Capital, and different funding companies together with Cadenza Ventures and Spartan Group. With participation from supporters together with Signum Capital and Everglades Capital, and different angel traders.
Based by Lorne Lantz after being scammed by an Preliminary Coin Providing (ICO) in 2018, Breadcrumbs was constructed as an investigation software that solutions the query “the place did the crypto come from and the place did the crypto go?”, however has since developed to supply a spread of instruments and providers that assist make the cryptospace a safer place to be in.
Since its transfer away from Beta final September 2021, Breadcrumbs’ recognition has been rising not solely throughout the crypto neighborhood, but additionally amongst Compliance and Open-Supply Intelligence (OSINT) teams.
Breadcrumbs app believes that everybody has the precise to research the blockchain. Aside from refining its open blockchain analytics instruments and supporting extra blockchains, the funds raised will probably be used to speed up product growth and canopy compliance wants of micro to medium Digital Asset Service Suppliers.
Breadcrumbs app CEO and Founder, Lorne Lantz quipped, “Aside from staying true to our dedication in serving to the crypto trade develop into a safer area, we additionally need to push the envelope additional to make the crypto trade a courageous area the place historically sidelined communities can take probabilities and thrive. That is the principle cause why we’re honing in on micro, small and medium Digital Asset Service Suppliers to higher perceive and serve their wants.”
Assist for this mission is echoed by Cadenza Ventures Associate, Kumar Dandapani in a press release: “Cadenza Ventures strongly helps Breadcrumbs’ mission to supply larger transparency within the blockchain by making correct and dependable knowledge accessible to all market contributors on this quickly rising asset class.”
With the gradual mass adoption of cryptocurrencies, blockchain analytics instruments have gotten extra of a necessity. Breadcrumbs App goals to make sure that everybody has entry to instruments enabling them to make knowledgeable selections about crypto and decentralized finance.
Breadcrumbs.app is an open blockchain analytics platform that permits you to examine and monitor crypto addresses and transactions.
SOURCE Breadcrumbs App