Categories: News

TokenAnalyst crypto-startup closes its doors

TokenAnalyst, a young shoot specializing in blockchain analysis, has just announced its permanent closure. Several members of his team join Coinbase.

Yesterday, in a blog post, TokenAnalyst declared to end its activity and no longer support its platform or APIs.

Our mission was to bring transparency to the decentralized world, and we believe we have made significant progress towards this mission. We have created a multitude of tools that have made blockchains easier for our users to understand, and we hope you enjoyed using our data and services as much as we enjoyed building them, ”said the firm.

Although TokenAnalyst does not give more details on its closure, we learn that a number of its employees (not specified) join Coinbase. Information confirmed by the Californian crypto-broker.

We remain committed to creating an open financial system and believe that Coinbase is a great place to do it, "said the article.

Founded in London in 2017 by Jai Prasad and Sid Shekhar, TokenAnalyst brought more transparency to the decentralized economy by providing different data on blockchains like Bitcoin and Ethereum.

It was really exciting to share with crypto enthusiasts around the world. It was your support, encouragement and passion that helped keep us motivated, ”concludes the company.

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