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Alternative Market Briefing

Blockchain and crypto-focused firm Digital Assets gets seeded by Vestigo Ventures
Thursday, March 15, 2018

Komfie Manalo, Opalesque Asia:

Digital Assets Data, a company that seeks to bring data, information and transparency to cryptoassets, including currencies, platforms, applications, side chains, security tokens, and initial coin offers (ICOs) through subscription services to hedge funds and other institutional investors, gets seed investment from Vestigo Ventures. Mark Casady, general partner of Vestigo Ventures, commented on the move "You don't have to be in fintech to be aware of the hyper-growth of cryptocurrencies and other cryptoassets. Digital Assets Data is the only company focused on delivering much needed transparency and structure to the nascent and rapidly-changing industry." Casady will also serve on Digital Assets Data's Advisory Board.

In a statement, the company said that the funds will be used by Digital Assets Data to scale its technology and programming operations. The company was recently launched by successful serial entrepreneur Mike Alfred, the co-founder and former chief executive officer of BrightScope, and his brother Eddie Alfred, along with Jason Yates, former chief technology officer of BrightScope.

Founded in 2008, BrightScope (recently acquired by Strategic Insight) is a fintech and data company that delivers enterprise-grade SaaS solutions to many of the world's largest asset managers ......................

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