SoSoValue, an AI-driven crypto research platform, has raised $15 million in a Series A funding round, valuing the company at $200 million. The funding round was led by existing investors HSG and SmallSpark, with additional participation from web3-focused venture capital firm Mirana Ventures and crypto software company SafePal.

This latest funding brings SoSoValue’s total capital raised to nearly $20 million, following a $4.15 million seed round announced in 2024. The fresh investment will be directed toward launching the company’s Investible Spot Index Protocol (SSI), which aims to simplify crypto market analysis and democratize investment opportunities.

SoSoValue Raises $15 Million at $200 Million Valuation

Expansion of the SSI Protocol

The SSI Protocol builds on the beta launch of four SSI tokens—MAG7.ssi, MEME.ssi, DEFI.ssi, and USSI—on the Base chain in late December 2024. These tokens represent portfolios of assets wrapped into single units via on-chain smart contracts. SoSoValue reported that within two weeks of the beta launch, more than 10,000 unique wallet addresses were holding SSI tokens.

According to SoSoValue, the SSI Protocol enables the creation of wrapped tokens that represent a basket of assets across multi-chain and multi-asset portfolios. This innovative approach aims to streamline portfolio management and enhance accessibility for both individual and institutional investors.

Leveraging AI for Market Insights

SoSoValue’s platform utilizes artificial intelligence algorithms to aggregate and analyze data from multiple sources. This information is presented in an intuitive dashboard, enabling users to monitor and evaluate crypto markets based on asset types such as decentralized exchanges (Dexes), exchange-traded funds (ETFs), and individual cryptocurrencies. The platform also supports analysis of fundraising activities by web3 startups.

In addition to the SSI Protocol, SoSoValue plans to launch an open-source index creation tool. This initiative will empower professional investors to design and issue their own index strategies, enabling broader participation in investment management. Co-founder Jivvva Kwan stated that this tool embodies the company’s mission to promote equality in access to financial information and investment opportunities.

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A Growing Presence in the Crypto Ecosystem

SoSoValue’s continued success underscores the growing demand for sophisticated tools that simplify the complexities of the crypto market. By combining artificial intelligence with blockchain technology, the platform is positioned to cater to a wide range of users, from individual traders to institutional investors. As SoSoValue prepares to roll out its Investible Spot Index Protocol, the company aims to set a new standard for accessibility and transparency in crypto investment.