Crypto Disclosure Platform, Xangle secured $3.3 million in Series A2 Funding Round

Xangle, a South Korean based operator of the global crypto-asset disclosure platform has now completed a $3.3 million Series A2 funding round.

Xangle is founded by Lihan Hyunwoo Lee. It collects, integrates, and verifies corporate disclosures from global projects and companies that have issued crypto assets. This information is made public along with on-chain blockchain data, all of which are displayed in a user-friendly format to help the public understanding the crypto assets.

Executive Opinion

James Jun-woo Kim, the co-founder of CrossAngle, said, "Resolving existing industry problems and creating a solid data/information ecosystem based on stakeholder participation is crucial to the industry's growth and eventual mass adoption. Make significant contributions to the advancement of the industry and expand the boundaries for the industry as a whole."

The round was backed by the Hanwha Investment & Securities, a licensed securities brokerage subsidiary of South Korea’s Hanwha Group.

The funding enables the company to build the infrastructure for data services for the crypto assets. The platform can be used to disclose data for more than 800 crypto assets, notes the announcement.

PC: Pablo, Pixabay