Startup profile for TradeBlock: latest funding, latest known valuation, total disclosed funding, investors, status, sources, and why the company is interesting. Part of the Venture Capital Tracker startup directory.
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TradeBlock funding, valuation and investors

Institutional crypto market data and indexes — acquired by CoinDesk in January 2021.

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Funding, valuation & investors

Answer-first snapshot

Latest funding

Seed

$2.8M · July 2014

Latest known valuation

Not publicly disclosed

Total disclosed equity funding

$2.8M

Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.

Current status

acquired

seed · New York, NY

Investors in latest funding

Lead: Andreessen Horowitz

Other: Digital Currency Group

Sources: latest funding Last verified: 2026-07-25

Overview

TradeBlock was a cryptocurrency market data, analytics, and index provider serving institutional clients. Founded in 2013, the company raised a $2.8M seed round in July 2014 led by Andreessen Horowitz with Digital Currency Group participating. TradeBlock's XBX and other indexes were referenced in financial products with over $20 billion in linked assets per CoinDesk acquisition materials. In January 2021, CoinDesk acquired TradeBlock to strengthen institutional data and index offerings. The company is no longer independent; status is acquired.

Why TradeBlock is interesting

TradeBlock indexes underpinned $20B+ in products before CoinDesk acquisition — a16z-led seed with DCG participation.

Product & use cases

TradeBlock provided institutional-grade crypto pricing, analytics, and benchmark indexes used by funds, ETFs, and trading desks before integration into CoinDesk.

  • Institutional traders pricing crypto portfolios
  • Index products benchmarking against TradeBlock rates
  • Research desks accessing historical crypto market data

Key facts

  • Acquired by CoinDesk (Jan 2021) for indexes and institutional data
  • Seed (Jul 2014): $2.8M led by a16z; DCG participated (CoinDesk)
  • Indexes referenced in $20B+ of products pre-acquisition
  • Founded 2013 in New York

Funding history (newest first)

Seed

2014-07 $2.8M

Source: https://www.coindesk.com/markets/2014/07/24/tradeblock-raises-28m-to-build-bitcoin-data-tools-for-investors/

Investors in our directory

Funds linked from TradeBlock's profile — open a fund page for stage focus and related deal articles.

Andreessen Horowitz Digital Currency Group

Competitive landscape

Edge: Early institutional credibility in pre-ETF crypto markets — indexes became industry references before large data vendors caught up.

Crypto data commoditized as TradFi entered. TradeBlock's outcome — acquisition by CoinDesk — reflects strategic value of indexes and brand versus standalone scale.

  • Coin Metrics direct

    Institutional crypto data competitor.

  • Kaiko direct

    Market data for crypto institutions.

  • Bloomberg crypto data incumbent

    TradFi terminals adding crypto modules.

Notable stories

  • TradeBlock's XBX index became a bitcoin reference rate for institutional products years before spot ETFs — a16z seed in 2014 bet crypto needed Bloomberg-grade data (CoinDesk).

Industries

Crypto & Web3 Fintech

Related funding articles

Venture Capital Tracker pieces that cover TradeBlock's financing or category context.

FAQs about TradeBlock

Practical answers founders, operators, and investors typically search for.

TradeBlock provided institutional crypto market data and benchmark indexes before CoinDesk acquired it in 2021.
CoinDesk acquired TradeBlock in January 2021.
Andreessen Horowitz led a $2.8M seed in 2014; Digital Currency Group participated. See /fund/andreessen-horowitz and /fund/digital-currency-group.
No — acquired by CoinDesk; products integrated into CoinDesk offerings.
July 2014 — $2.8M seed led by a16z.
Benchmark rates for institutional crypto products; $20B+ in linked assets cited pre-acquisition.
Both served institutional crypto data; TradeBlock was acquired by CoinDesk while Coin Metrics remained independent.
Founded 2013 — leadership included CEO Nitai Avni per era press coverage.
Website All startups Funding news

By Venture Capital Tracker

Last updated:

Editorial note: AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.