SoSoValue, an AI-driven investment research platform, has successfully closed a $15 million Series A funding round. The round, co-led by HSG and SmallSpark with contributions from Mirana Ventures and SafePal, has boosted the startup's valuation to around $200 million. With a previous $4.15 million seed round in mid-2024, the company has now raised close to $20 million. The funding will mainly go towards enhancing the SoSoValue Indices (SSI) Protocol, a unique spot crypto index solution simplifying and securing cryptocurrency investments. By utilizing on-chain smart contracts, the SSI Protocol bundles multi-chain, multi-asset portfolios into wrapped tokens that track underlying asset prices, offering a seamless index investment experience. SoSoValue plans to democratize investing further by introducing an open-source index creation tool, allowing professional investors to convert market insights into actionable strategies. The recent launch of four SSI tokens in December 2024 has garnered significant interest, with plans for team expansion and new product releases in the pipeline. SoSoValue's commitment to providing reliable data and innovative products positions it as a key player in shaping the future of crypto investments. Read more AI-generated news on: https://app.chaingpt.org/news