FOR IMMEDIATE RELEASE
Coin Metrics Recognized as Most Innovative Solution Provider at Hedgeweek’s 2022 European Digital Assets Awards
BOSTON (June 30, 2022) – Coin Metrics, the leading provider of crypto financial intelligence, this week received the Most Innovative Solution Provider award at Hedgeweek’s 2022 European Digital Assets Awards.
The inaugural Hedgeweek European Digital Assets Awards recognized excellence among fund managers and service providers in the digital assets space. Coin Metrics was voted the most innovative solution provider by a selection of top fund managers and other Hedgeweek readers.
“At Coin Metrics, we are committed to providing hedge funds with the institutional-quality data and tools they need to make informed financial decisions in the crypto space,” said Tim Rice, co-founder and CEO of Coin Metrics. “We appreciate this recognition and look forward to continuing our work as we bring even more European hedge fund managers into the digital asset space.”
Coin Metrics provides network data, market data, indexes and network risk solutions to the most prestigious institutions touching cryptoassets.
Coin Metrics’ Market Data Feed provides access to historical and real-time data from over 30 of the world’s leading spot and derivatives crypto exchanges. Its wide coverage universe includes over 30 of the world’s leading spot and derivatives crypto exchanges, 2,100+ assets, 2,600+ pairs, 12,500+ spot markets and 6,300+ derivatives markets and includes all of the fundamental market-related data types including tick-by-tick trades, quotes, order book snapshots, candles, and more. Coin Metrics has emerged as the clear market leader in the institutional space because it offers a comprehensive suite of services – including on-chain data, a universal block explorer, market data and metrics, indexes and network risk management.
Roughly 38% of traditional hedge funds are investing in digital assets, according to PwC’s Annual Global Crypto Hedge Fund Report — up 17% from last year. While just over half of those firms have not allocated more than 1% of their assets in the crypto space, two thirds of those firms intend to increase their exposure of digital assets by the end of this year.
Earlier this year, Coin Metrics announced $35 million raised in Series C financing, allowing the company to elevate its ability to usher the world’s premier financial institutions into crypto markets.
Hedgeweek recognized recipients of this year’s awards at the close of the 2022 European Digital Assets Summit in London on June 29, 2022.
ABOUT COIN METRICS
Coin Metrics is the leading provider of crypto financial intelligence, offering network data, market data, indexes and network risk solutions to the most prestigious institutions touching cryptoassets. The company was founded in 2017 as an open-source project to determine the economic significance of public blockchains. Today, we expand on that original purpose to empower people and institutions to make informed crypto financial decisions. We aim to usher the world’s premier financial institutions into crypto with the most trusted data and insights. For more information, visit www.coinmetrics.io.
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