#GOOGLE CLOUD MONEY MAKING SERIES#

#GOOGLE CLOUD MONEY MAKING SERIES#

The company continues to take the right strategic steps following its Series B fundraise and we’re excited to be active participants in this next phase of growth and development.” Serving a Distributed Workforce and Continuous Stream of Actionable Insights “Nansen – with its founders’ deep technical experience and close collaboration with Google Cloud – is building an all-in-one platform for investors to differentiate quality from hype, emerge as winners, and help the industry grow. “Web3 is not only going to permanently alter finance, it will become the fabric of gaming, culture, art, entertainment, and music, with its total addressable market set to expand even further in the years to come,” said Andrei Brasoveanu, Partner, Accel. This will then form the basis of investors communicating with each other and engaging in over-the-counter (OTC) trades within the Nansen platform.

With programmatic access to Nansen’s proprietary data, market makers, hedge fund managers, and asset managers can train their own algorithms to anticipate market movements, generate bespoke reports and metrics, and conduct due diligence – all within their firms’ mandated IT systems and visualization tools.Īs part of its roadmap toward becoming a transactions gateway for Web3, Nansen will use Google Cloud’s dedicated node deployment and hosting service to connect into selected Layer-1 blockchain protocols and leverage Google’s web and mobile application development platform to give investors an aggregated view of their portfolio across multiple Web3 native wallets like Coinbase, MetaMask, Rainbow, Trust Wallet, and imToken. To provide them with rich context and actionable insights that aid decision-making, Nansen is combining Google Cloud’s advanced analytics and granular computing capabilities with institutional-grade application programming interfaces. “As we attract more users and bring all the market intelligence an individual or institution needs under one roof – by integrating with more Proof-of-Stake (PoS) blockchain and off-chain data sources, we’re doubling down on Google Cloud to stay ahead of multiple growth dimensions.” ‍ Establishing the Web3 Information and Transactions Gateway for the FutureĪccording to a Fidelity Digital Assets study, 70% of institutional investors intend to invest in digital assets in the near future.

This has made us Google Cloud maximalists,” said Alex Svanevik, Co-founder and CEO, Nansen.

“We’ve been using BigQuery from the very beginning, with its low-latency lookups and dynamic autoscaling capabilities allowing us to analyze up to one petabyte of on-chain transactions data per day, extract millions of easy-to-understand labels that show users where the ‘smart money’ is going, and increase our subscriber base by 20 times in the past year. To help users discover and assess investment opportunities on trending smart contract platforms and digital assets, Nansen is extending its database management capabilities to support 10 additional blockchains and deliver insight into fast-emerging sectors of the Non-Fungible-Token (NFT) market. By running its platform on Google Cloud’s open, secure, scalable, and carbon neutral infrastructure and data services, Nansen aims to accelerate the introduction of product lines that serve new audiences, supercharge its next phase of global growth, and establish itself as the definitive information “super app” for Web3.įounded in 2020 and backed by the likes of Silicon Valley headquartered venture capital firms Accel and Andreessen Horowitz (a16z), Siam Commercial Bank subsidiary SCB 10X, and Singaporean sovereign wealth fund GIC, Nansen is an industry-leading provider of high-quality market intelligence for retail investors, as well as institutional investors like Acheron Trading, Polychain, and Three Arrows Capital. ‍ Singapore, J– Nansen, the industry-leading blockchain data analytics platform, today announced an extended multi-year collaboration with Google Cloud to empower Web3 investors to make informed decisions with real-time access to high-quality market intelligence.

Google cloud money making