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FinTech news in Tres category

Blockchain monitoring startup Tres raised seed round of $7.6M

The Tel Aviv-based firm aggregates crypto data across different wallets, accounts and platforms, so crypto entities’ financial teams can better understand what happening internally at their business without needing the crypto-native knowledge and experience to gather the information, Zackon said. Its platform can onboard any on-chain or centralized finance data sources and enable financial workflows like balance calculations or auditing and reporting so businesses can monitor and manage their web3 assets both on-ramp and off-ramp, Zackon added. To date, Tres has monitored and analyzed more than $40 billion of crypto assets for customers like Hivemind Capital, non-custodial staking platform Stakely and blockchain infrastructure firm Blockdaemon across the U.S., Israel and Europe, its press release stated. Something like that doesn’t exist today, you have to look at Ethereum data or Solana data one at a time.