Blockchain data analysis company Elementus has raised $10 million in Series A-2 funding, led by ParaFi Capital
ChainCatcher news, blockchain data analytics company Elementus has raised $10 million in Series A-2 funding, led by ParaFi Capital. The funds will be used to accelerate the development of its web3 data intelligence tools.Elementus enables financial institutions, government organizations, and creditors to easily access on-chain data needed to establish credit lines in situations such as bankruptcy and creditworthiness. The company is building a Web3 data intelligence tool to make it easier for mainstream companies to access on-chain data. According to RootData, Elementus previously raised $12 million in Series A-1 funding with participation from Alameda Research, Gemini, BlockFi, and others, and raised $5 million in seed and pre-seed rounds. (NFTGators)