CandleFocus SoSoValue Launches the Investible Spot Index Protocol SSI
2025-01-08
Author: Content Editor
SoSoValue, a professional research platform for the crypto industry, has announced that it raised $15 million in a Series A funding round. This brings its total investment to nearly $20 million, with existing shareholder HSG and SmallSpark leading the round. Mirana Ventures and SafePal also participated. The funds will primarily be used as a reserve fund for the SoSoValue Indices (SSI) Protocol. SoSoValue recently launched four SSI tokens on Base Chain, which saw over 10,000 wallets holding the tokens in less than two weeks. The SSI protocol aims to aid efficient and well-calculated investments in the crypto market by repackaging multiple assets into wrapped tokens that track the price actions of the underlying assets. The tokens are rebalanced monthly, and token holders pay a tech service fee of 0.01% each day. SoSoValue's mission is to provide accessible crypto investment resources and tools for everyone, and its rapid growth has solidified its position as the largest professional research platform for the crypto industry.
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