Citi led a $15m Series A funding round in Amberdata.

Citi, an investment banking company, led a $15m Series A funding round in Amberdata, a blockchain and cryptoasset data company, with participation from Galaxy Digital and Rovida Kruptos Assets, and executives at GoldenTree Asset Management. "Partnering with the exceptional group of strategic investors gives us unprecedented insights into institutions' roadmap and challenges. Blockchain technology enables entirely new financial products to be created and offered at a much lower cost with global market reach. We see growing institutional interest and demand in crypto assets. Our customer list and investors are a stamp of approval for the value we are creating for institutions," Shawn Douglass, Amberdata CEO.