Hilbert Group forms COIN360 JV with Cointelegraph and Chiron Partners
COIN360, one of the world’s most prominent cryptocurrency market data aggregators, will create a new data analytics firm led by Hilbert Group, Cointelegraph, and Chiron Partners. COIN360 is a live data aggregator for cryptocurrency and crypto exchanges. COIN360 presents critical market data in a visually appealing format.
Hilbert Group is a cryptocurrency investing and data research company. Hilbert Group was created in late 2018 by Theoretical Physics PhDs, as well as investment banking and hedge fund specialists.
The company works in four areas: asset management, proprietary trading, venture capital investment, and data and analytics. In the rapidly expanding crypto market, Hilbert Group employs rigorous risk management, quantitative analysis, and computational methodologies.
Cointelegraph is the world’s biggest independent digital media site, covering breaking news on blockchain technology, crypto assets, and emerging technical trends. Chiron Partners is a renowned Asian investment firm that specializes in high-growth investment opportunities throughout the world, with an emphasis on blockchain and late-stage technology firms.
According to the official Nasdaq listing firm description issued on October 21st, 2021, Sweden-based Hilbert Group AB, US-based Cointelegraph, and Asia-based investment group Chiron Partners will collaborate to develop a new COIN360 business. COIN360 will extend its product range under this combined leadership to become a full-service market data supplier spanning the whole spectrum of digital assets (including DeFi, NFT, and STO) for both institutional and retail traders.
COIN360, the renowned heatmap crypto market data source with 4 million monthly views, would become a joint venture of the three firms under the new agreement. Hilbert Group AB, which will debut on Nasdaq First North on October 27, 2021, is currently the primary owner of COIN360, holding 60% of the shares.
“Given the high amount of monthly visits, COIN360.com offers the potential for considerable income, including advertising and SaaS,” explains Niclas Sandström.
“From here, the goal is to build COIN360 into the world’s foremost website for prospective cryptocurrency investors.”
The investment in COIN360 will allow Hilbert Group, which uses a highly data-driven and quantitative approach to cryptocurrency trading, to swiftly expand into another business area: the selling of information and data in the crypto space.
“In the crypto market, Hilbert Group intends to provide a product comparable to the one now offered by Bloomberg in conventional asset classes.”
“We think we can rapidly develop successful sales of data and analysis services,” says Niclas Sandström, adding, “Those who want to achieve long-term success in cryptocurrency trading must have access to accurate data and excellent studies.”
“We feel that such a sufficiently high-quality service is presently unavailable, but we want to fill this market vacuum. We are thrilled to join with Hilbert Capital to further build COIN360,” stated Sean Hung, CEO of Chiron Partners.
“With this collaboration, we want to create a professional, trustworthy, and dependable market data service offering for all digital asset participants. We think that combining Hilbert Capital’s and our knowledge and network will undoubtedly accelerate COIN360’s development to become one of the most reputable digital assets data providers.”
“COIN360’s heatmap is one of the most iconic fixtures on every crypto trader’s desk,” stated Jay Cassano, CEO of Cointelegraph. From a branding standpoint, this is a logical fit for Cointelegraph, given our highly identifiable and adored graphical style.
“I’m looking forward to assisting in the development of COIN360’s data offerings so that we may better educate our readers.”