Blockchain Analytics Platform MerkleScience Secures $ 5.75 Million Series A Funding

Singapore-based blockchain analytics platform Merkle Science announced on September 29 that it had raised $ 5.75 million in Series A funding led by Uncorrelated Ventures, Fenbushi Capital, Token Bay Capital and Kenetic sponsored by Darrow Holdings, Kraken Ventures and bath. Lunex Ventures participates in the investments. Merkle helps crypto companies, financial institutions, and government agencies find, investigate, and prevent cryptocurrency fraud. The new funds will be used to improve business products that serve law enforcement and financial companies. Dean Carlson, chief digital officer of US financial group Susquehanna, has joined Merkle's board of directors. Merkle Science recently entered the US market and hired Mary Beth Buchanan as President of the United States and Chief Justice of the World. (Bloomberg)