The Hilbert Group forms COIN360 JV with Cointelegraph and Chiron Partners – News Couple

The Hilbert Group forms COIN360 JV with Cointelegraph and Chiron Partners

Sweden-based Hilbert Group AB, US-based Cointelegraph, and Asia-based investment group Chiron Partners will join forces to launch a new business for COIN360. Under this joint leadership, COIN360 will expand its product suite to become a full-service market data provider covering the full range of digital assets – including decentralized finance (DeFi), non-decryptable tokens (NFTs) and security token offerings – for both enterprise and retail merchants. .

Under the new arrangement, COIN360, a cryptocurrency market data provider with 4 million visits per month known for its iconic heat map, will become a joint venture of the three parties.

Hilbert Group AB, which will list on Nasdaq First North on October 27, is now the majority owner of COIN360, with 60% of the shares.

“Due to the large number of visitors per month, has the potential to generate significant revenue, not least from advertising and SaaS,” said Niklas Sandstrom, Co-Founder and CEO of The Hilbert Group. “With that in mind, the goal is to develop COIN360 into the world’s leading website for potential cryptocurrency investors.”

Investing in COIN360 will enable the Hilbert Group – which uses a highly mathematical, data-driven approach to cryptocurrency trading – to quickly build another business area: selling information and data in the crypto space.

Sandstrom added: “In the crypto sector, the Hilbert Group aims to build a proposition similar to what Bloomberg currently offers in traditional asset classes. We believe we can generate profitable sales of data and analytics services relatively quickly. Those who want to achieve long-term success in cryptocurrency trading should have access to reliable data and quality analytics. We believe that such a high-quality service is not currently available, but we plan to fill this gap in the market.”

Sean Hong, CEO of Chiron Partners, said: “We are delighted to partner with the Hilbert Group to further the growth of COIN360. Through the partnership, we aim to build a professional, reliable and trusted market data service for all players in digital assets. By combining both the Hilbert Group and our expertise And our network, we believe will certainly accelerate COIN360’s growth into one of the most trusted digital asset data providers.”

Jay Cassano, CEO of Cointelegraph, said: “The COIN360 heatmap is one of the most popular fixtures in every crypto trader’s desk. From a brand perspective, this is a natural partnership for Cointelegraph, with our equally likable and distinctive art style. I look forward to helping develop COIN360 data shows so we can best inform our readers.”

About COIN360

COIN360 is a live data aggregator for cryptocurrency exchange. COIN360 provides vital market data in a visually appealing manner. Whether you are a professional or novice trader, a media outlet, or just curious about cryptocurrency, COIN360 offers indispensable tools for staying up-to-date with the latest crypto market movements.

Hilbert Group is a crypto-data investment and analysis company. The Hilbert Group was founded in late 2018 by a Ph.D. in theoretical physics as well as investment banks and hedge fund professionals. The company is involved in four segments: asset management, proprietary trading, venture capital investing, and data and analytics. The Hilbert Group applies rigorous risk management, quantitative analysis and algorithmic methods to the rapidly growing crypto space. By harvesting volatility trading strategies, the Hilbert Group thrives in the highly volatile environment that the cryptocurrency market offers.

Chiron Partners is a leading Asian investment group focused on high-growth investment opportunities globally, with expertise in blockchain and late-stage technology companies. In addition to capital, the group strives to support its portfolio companies with its network of talent, investors and marketing resources in order to drive growth and returns.

Cointelegraph is the world’s largest independent digital media outlet covering a wide range of news on blockchain technology, crypto assets, and emerging technology trends. Since 2013, Cointelegraph has provided the most accurate and up-to-date news from the decentralized and centralized worlds.

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