Hilbert Group forms COIN360 JV with Cointelegraph and Chiron Partners

COIN360, one of the world’s most popular cryptocurrency market data aggregators — known for its iconic heatmap — will launch a new data analytics business under the joint leadership of Hilbert Group, Cointelegraph and Chiron Partners. Sweden-based Hilbert Group AB, United States-based Cointelegraph and Asia-based investment group Chiron Partners will join forces to launch a […]

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COIN360, one of the world’s most popular cryptocurrency market data aggregators — known for its iconic heatmap — will launch a new data analytics business under the joint leadership of Hilbert Group, Cointelegraph and Chiron Partners.

Sweden-based Hilbert Group AB, United States-based Cointelegraph and Asia-based investment group Chiron Partners will join forces to launch a new business of COIN360. Under this joint leadership, COIN360 will expand its product suite to become a full-service market data provider covering the full spectrum of digital assets — including decentralized finance (DeFi), nonfungible tokens (NFTs) and security token offerings — for both institutional and retail traders.

Under the new arrangement, COIN360, the crypto market data provider with 4 million monthly visits known for its iconic heatmap, will become a joint venture of the three parties.

Hilbert Group AB, which will list on Nasdaq First North on Oct. 27, is now the majority owner of COIN360, with 60% of the shares.

“Given the large volume of monthly visitors, COIN360.com has the potential for significant revenue, not least from advertisements and SaaS,” said Niclas Sandström, co-founder and CEO of Hilbert Group. “From this basis, the aim is to develop COIN360 into the world’s leading website for potential investors in cryptocurrencies.”

The investment in COIN360 will enable Hilbert Group — which employs a highly data-driven, mathematical approach to cryptocurrency trading — to rapidly build up another business area: the sale of information and data in the crypto field.

Sandström added: “In the crypto segment, Hilbert Group is aiming to build up an offering similar to the one currently provided by Bloomberg in the traditional asset classes. We believe that we can establish profitable sales of data and analysis services relatively quickly. Those who want to achieve long-term success in cryptocurrency trading must have access to reliable data and quality analyses. We believe that such a sufficiently high-quality service is currently lacking, but we plan on filling this gap in the market.”

Sean Hung, CEO of Chiron Partners, said: “We are delighted to partner with Hilbert Group to further grow COIN360. With the partnership, we aim to build a professional, trusted and reliable market data service offering for all digital asset players. Combining both Hilbert Group’s and our expertise and network, we believe it will definitely accelerate the growth of COIN360 to become one of the most trusted digital asset data providers.”

Jay Cassano, CEO of Cointelegraph, said: “COIN360’s heatmap is one of the most iconic fixtures on every crypto trader’s desk. From a brand perspective, this is a natural partnership for Cointelegraph, with our similarly recognizable and beloved art style. I look forward to helping develop COIN360’s data offerings so that we can best inform our readers.”

About COIN360

COIN360 is a cryptocurrency and crypto exchange live data aggregator. COIN360 delivers vital market data in a visually engaging manner. Whether you are a professional or novice trader, media outlet, or just crypto curious, COIN360 offers indispensable tools to stay updated on the latest cryptocurrency market movements.

Hilbert Group is a crypto investment and data analysis firm. Hilbert Group was founded in late 2018 by PhDs in theoretical physics as well as investment banking and hedge fund professionals. The firm is involved in four verticals: asset management, proprietary trading, venture capital investing, and data and analytics. Hilbert Group applies rigorous risk management, quantitative analysis and algorithmic methods to the fast-growing crypto space. With proprietary volatility-harvesting trading strategies, Hilbert Group thrives in the highly volatile environment offered by the crypto market.

Chiron Partners is a leading Asian investment group that focuses on high-growth investment opportunities globally, with expertise in blockchain and late-stage technology companies. In addition to capital, the group strives to support its portfolio companies with its network of talent, investors and marketing resources in order to drive growth and returns.

Cointelegraph is the world’s largest independent digital media outlet covering a wide range of news on blockchain technology, crypto assets and emerging technological trends. Since 2013, Cointelegraph has delivered the most accurate, up-to-date news from both the decentralized and centralized worlds.

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