Crypto and nonfungible token (NFT) ecosystem analytics firm BitsCrunch has secured $3.6 million in a funding round led by Animoca Brands, Coinbase (NASDAQ:COIN) Ventures, Crypto.com Capital and others.
BitsCrunch uses AI-based analytical tools to determine the fair price of NFTs, identify wash trading warnings and determine whether an NFT is a copy or forgery of the genuine asset. The company is based in Germany and India.