UK’s Crypto Index Series Pockets Seed Funding From coinIX and F10 Investment

UK’s Crypto Index Series Pockets Seed Funding From coinIX and F10 Investment

by January 26, 2022

German investment company coinIX and F10 Investment, the investment arm of fintech incubator F10, have jointly poured in seed investment into the Crypto Index Series (CIS).

CIS is a UK startup that had successfully graduated from the F10 Incubation Programme in Zurich in December last year.

The startup provides institutional-grade, AI-driven data, trading and monitoring tools for crypto asset markets.

Startup Competition venture

CIS simplifies daily operations for asset managers, wealth managers and crypto solution providers by providing in-depth, reliable and trustworthy data, indicators and benchmarks, access to multiple trading venues as well as tools to manage multiple portfolios.

This allows institutions to focus on their main strategic activities rather than spend time and resources tackling technological challenges in the market data, trading and portfolio space.

CIS is also acting as a crypto data contributor for Refinitiv which operates under the London Stock Exchange Group (LSEG).

The company lays the foundation for institutional investors and technology providers to facilitate professional data analysis, trading and monitoring of cryptocurrencies and incorporate it into their existing structures and trading systems.

Susanne Fromm, CEO of coinIX

Susanne Fromm

Susanne Fromm, CEO of coinIX said,

“As Bloomberg does for traditional capital markets, Crypto Index Series provides data on the crypto market, adding tremendous value for institutional capital in analyzing and trading cryptocurrencies.”

Marc Hauser, Head F10 Switzerland

Marc Hauser

Marc Hauser, Head of F10 Switzerland said,

“We are proud to be part of the Crypto Index Series journey. We are convinced Gökce, Richard and the team will be successful. Their end-to-end crypto solution provides big benefits to wealth managers, asset managers and any institution looking to provide crypto offerings to their customers”,