Inca Digital completes Series A funding to enhance data & analytics for Crypto
Clients include the Commodity Futures Trading Commission (CFTC), FTX, Fidelity, and national security and law enforcement agencies, including the U.S. Department of Defense and U.S. Special Operations Command.
Inca Digital has completed a Series A investment round led by GTS Venture Capital and Galaxy Digital, with support from Wedbush Capital, Menai Financial Group, Consolidated Trading, Richard Gorelick’s Aquamarine Holdings and early-stage Web3 investor Grant Gittlin.
The digital asset intelligence company provides data, analytics and expertise to exchanges, financial institutions, regulators and government agencies.
The funds raised will be used to hire additional software developers, security experts and analysts to further enhance its offering.
Inca builds proprietary solutions for surveillance and generating alpha.
Adam Zarazinski, Chief Executive Officer at Inca Digital, commented: “We’re excited to be working with investors that recognize the potential for our unique combination of market data, blockchain data and natural language data that is necessary to fully understand digital assets. This fundraise will help us meet our goal of developing industry standard intelligence that will enable crypto markets to flourish in the same way traditional markets have.”
Richard Gorelick, co-founder of RGM Advisors and former head of market structure for DRW Holdings, said: “The safety and soundness of traditional financial markets rely upon high quality information about assets being traded, market participants and transactions. Adam and his team have demonstrated success and an unparalleled expertise in providing this kind of transparency around digital assets, and they are a great partner for financial firms serious about building a crypto-based business or looking to invest in these markets.”
Will Nuelle, Investor at Galaxy Digital, added: “Crypto compliance is more than just on-chain transaction patterns – it’s a holistic combination that includes market intelligence, on-chain data, and language processing. Inca Digital differentiates itself by incorporating more information than competitors, and pairing its dataset with the analysis and consultative approach of its military-trained security experts.”
As the ecosystem matures, digital asset firms, financial services firms, and government agencies increasingly need to better understand how digital assets and crypto markets function.
Inca sets itself apart for its unique data, flexible product delivery methods, and willingness to build proprietary solutions for surveilling the markets, fighting crime, and generating alpha.
Clients include the Commodity Futures Trading Commission (CFTC), FTX, Fidelity, and national security and law enforcement agencies, including the U.S. Department of Defense and U.S. Special Operations Command.
