Sweden-based Hilbert Group, US-based Cointelegraph and Asia-based investment group Chiron Partners will join forces to launch a new COIN360 business. Under this joint leadership, COIN360 will expand its suite of products into a full-service market data provider covering the full spectrum of digital assets – including decentralized finance (DeFi), unusable tokens (NFTs) and security token offerings – for both institutional and retail merchants.
Under the new agreement, COIN360, a 4 million monthly visit cryptocurrency market data provider known for its iconic heat map, will become a three-party joint venture.
Hilbert Group AB, listed on Nasdaq First North on October 27, is currently the majority owner of COIN360 with a 60% stake.
Niclas Sandström, Co-Founder and CEO of Hilbert Group, said, “With a large number of monthly visitors, COIN360.com has the potential to generate significant revenue, particularly through advertising and SaaS. “From this basis, the goal is to develop COIN360 into the world’s leading website for potential crypto investors.”
Investing in COIN360 will enable the Hilbert Group – with a highly data-driven, mathematical approach to trading cryptocurrencies – to quickly build another business: the sale of information and data in the field of e-money.
Sandström added: “In the crypto space, the Hilbert Group is aiming to build a service similar to that which Bloomberg currently offers in traditional asset classes. We believe we can build profitable sales of data and analytics services relatively quickly. Anyone who wants to be successful in cryptocurrency trading in the long term must have access to reliable data and quality analyzes. We believe there is a lack of such high quality service right now, but we plan to fill that niche in the market. “
Sean Hung, CEO of Chiron Partners, said, “We are excited to be working with the Hilbert Group to further develop COIN360. With this partnership we want to build a service that provides professional, reliable and trustworthy market data for all players in the field of digital assets. By combining the Hilbert Group’s expertise and network, we believe this will definitely accelerate COIN360’s growth into one of the most trusted providers of digital asset data. “
Jay Cassano, CEO of Cointelegraph, said, “The COIN360 heat map is one of the most iconic devices on any crypto trader’s desk. From a brand perspective, this is a natural partnership for Cointelegraph given our recognizable and popular art style. I look forward to developing COIN360’s data services so that we can bring the best of information to our readers. “
COIN360 is a cryptocurrency exchange and live data aggregator. COIN360 provides important market data in a visually appealing way. Whether you are a professional or inexperienced trader, media trader, or just curious about cryptocurrencies, COIN360 provides indispensable tools to keep up to date with the latest moves in the crypto market. .
Hilbert Group is a crypto investment and data analytics company. The Hilbert Group was founded in late 2018 by PhD students in theoretical physics as well as investment banking and hedge fund experts. The company operates on four verticals: asset management, proprietary trading, venture capital, data and analytics. The Hilbert Group applies rigorous algorithmic, quantitative analysis and risk management approaches to the rapidly growing crypto space. With proprietary trading strategies to collect volatility, the Hilbert Group thrives in the highly volatile environment of the cryptocurrency market.
Chiron Partners is a leading Asian investment group focused on high-growth investment opportunities worldwide with expertise in late-stage blockchain and technology companies. In addition to capital, the group seeks to support the companies in its portfolio with its talent network, investors and marketing resources to drive growth and profitability.
Cointelegraph is the world’s largest independent digital media company, covering a wide range of news related to blockchain technology, crypto assets and emerging technology trends. Since 2013, Cointelegraph has been delivering the most accurate and up-to-date news from both the decentralized and the centralized world.