AI-Driven Crypto Research Platform SoSoValue Secures $15 Million to Launch Investible Spot Index Protocol SSI

AI-Driven Crypto Research Platform SoSoValue Raises $15 Million Series A
AI-driven crypto research platform SoSoValue has successfully raised $15 million in a Series A funding round, reflecting its rapid growth and ambition to launch the Investible Spot Index Protocol (SSI). Valued at $200 million, SoSoValue aims to significantly improve investment accessibility.
Growing Interest in Cryptocurrency
The fundraising comes as the overall market capitalisation of crypto assets approached $4 trillion weeks prior, fueled by increased interest from both retail and institutional investors. This demand underscores the need for effective investment tools such as the Innovative SSI Protocol.
What is the Investible Spot Index Protocol (SSI)?
- SoSoValue’s SSI Protocol is designed to streamline crypto investments.
- It utilizes on-chain smart contracts to consolidate multiple assets into easy-to-manage tokens.
- Borne from the company’s commitment to democratizing investment, SSI tokens automatically rebalance monthly.
Co-founder Jivvva Kwan emphasized the potential of index investing for ordinary investors, highlighting its stress-free nature in tracking market trends. Furthermore, an open-source index creation tool is planned to empower users.
Funding Allocation
The raised funds will support marketing, engineering, and business development efforts, paving the way for additional innovative products in the upcoming quarters.
Conclusion: A Promising Future for SoSoValue
As cryptocurrency gains traction, initiatives like SoSoValue play a critical role in providing essential resources for investors. The platform continues to grow, with a community of over 8 million registered users, all benefiting from high-quality information for informed decision-making.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.