IntoTheBlock and Trident Digital Announce Merger to Form Sentora, Completing $25 million Initial Funding Round

According to CoinDesk, DeFi analytics platform IntoTheBlock and liquidity service provider Trident Digital announced the merger to form Sentora, and completed the $25 million inaugural round of financing. New Form Capital led the investment, Ripple, Tribe Capital, UDHC and Joint Effects participated, and strategic ecosystem investors such as Curved Ventures, Flare and Bankai Ventures also provided further support. The new company will be led by Anthony DeMartino, co-founder of Trident and former head of risk strategy at Coinbase, and aims to provide institutional investors with one-stop on-chain financial services covering income strategy and compliance risk control.