Mike Alfred, co-founder and CEO of Digital Assets Data, told The Block that the funding will be utilized for hiring “a larger team” of engineers and data scientists to further build its cryptocurrency data platform. The startup currently employs 25 people, and over 90% of its staff holds technical roles across engineering and data science, Alfred said. “Data is the heart of any investment process and without an institutional-quality data platform, it is very difficult to allocate significant resources to any asset class,” said investor James Hutchins, who previously worked as head of research at tech sector-focused hedge fund Coatue Management.

https://www.theblockcrypto.com/2019/07/25/with-3-2-million-in-new-funding-digital-assets-data-looks-to-expand-its-institutional-platform/