Xangle.io Company Profile
Background
Company Overview
Xangle.io, operated by CrossAngle, is a leading on-chain data service and solution provider based in Seoul, South Korea. Established in 2018, the company focuses on enhancing transparency and reliability within the Web3 ecosystem by offering comprehensive research and on-chain data-based infrastructure services. Xangle.io aims to bridge the gap between traditional financial institutions and the emerging Web3 industry, facilitating informed decision-making for investors and stakeholders.
Mission and Vision
- Mission: To create a sustainable, reliable, and user-friendly Web3 ecosystem.
- Vision: To become the foundation for a sustainable Web3 ecosystem by providing data-based expert insights.
Key Strategic Focus
Core Objectives
Xangle.io is dedicated to promoting transparency and trust within the cryptocurrency market by providing verified disclosures and real-time data about various crypto projects and tokens. The company emphasizes the importance of investors having a broad and accurate understanding of the crypto market to make safe investments, especially in the absence of legal regulations.
Areas of Specialization
- Research and Analytics: Offering in-depth research reports and analytics on various crypto assets.
- Live Watch: Providing real-time monitoring of circulating supply and other critical metrics.
- Xangle Academy: Educating users on blockchain and cryptocurrency through comprehensive learning resources.
Key Technologies Utilized
Xangle.io leverages advanced data processing and analytics technologies to aggregate and verify on-chain and off-chain data, ensuring the accuracy and reliability of the information provided to users.
Primary Markets Targeted
The company primarily targets institutional and individual investors seeking reliable and transparent information in the cryptocurrency market. Additionally, Xangle.io collaborates with traditional financial institutions exploring expansion into the Web3 industry.
Financials and Funding
Funding History
Xangle.io has successfully raised a total of $27.2 million across multiple funding rounds. The most recent funding round was a Series B round, raising $6.9 million approximately one month ago.
Notable Investors
The company has attracted investments from several prominent firms, including:
- KB Investment
- Shinhan Capital
- NAVER Financial
- Hanwha Investment & Securities
- IMM Investment
Utilization of Capital
The raised capital is intended to support the expansion of Xangle.io's service offerings, enhance research and analytics capabilities, and strengthen collaborations with traditional financial institutions to bridge the gap between traditional finance and the Web3 ecosystem.
Pipeline Development
Key Pipeline Candidates
Xangle.io is actively developing several initiatives to expand its service offerings, including:
- Xangle ERP: A comprehensive tool tailored to the specific needs of Web3 companies, focusing on financial management, token economics, and performance analytics.
- Xangle Portal: A specialized platform delivering in-depth Web3 research and data analysis to both institutional and individual investors.
- Xangle Academy: Educational resources aimed at enhancing understanding of blockchain and cryptocurrency.
Stages of Development
These initiatives are in various stages of development, with Xangle ERP and Xangle Portal being actively utilized, and Xangle Academy continually updated with new educational content.
Target Conditions
The developments aim to address the need for reliable data and education in the rapidly evolving Web3 ecosystem, catering to both new and experienced investors.
Anticipated Milestones
Xangle.io plans to launch additional features within Xangle ERP and Xangle Portal, as well as expand the curriculum of Xangle Academy, to further support the Web3 community.
Technological Platform and Innovation
Proprietary Technologies
Xangle.io utilizes proprietary data aggregation and verification technologies to ensure the accuracy and reliability of the information provided to users.
Significant Scientific Methods
The company employs advanced data processing and analytics methodologies to integrate on-chain and off-chain data, providing comprehensive insights into the cryptocurrency market.
AI-Driven Capabilities
While specific AI-driven capabilities are not detailed, Xangle.io's focus on data analytics suggests the potential integration of AI technologies to enhance data processing and analysis.
Leadership Team
Key Executives
- James Junwoo Kim: Co-CEO and Co-Founder.
- Lihan Hyunwoo Lee: Co-CEO and Co-Founder.
- Seungdo Keum: Product Owner.
Professional Backgrounds
- James Junwoo Kim: Co-CEO and Co-Founder of Xangle.io.
- Lihan Hyunwoo Lee: Co-CEO and Co-Founder of Xangle.io.
- Seungdo Keum: Product Owner at Xangle.io.
Key Contributions
The leadership team has been instrumental in establishing Xangle.io as a trusted platform for cryptocurrency data and research, driving the company's mission to enhance transparency and reliability in the Web3 ecosystem.
