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BitsCrunch raises $3.6M in funding for NFT analytics tools -Breaking

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Crypto- and Nonfungible TokensNFTAnimoca Brands has raised $3.6 million for BitsCrunch, an ecosystem analysis firm, in a round that was led by Coinbase Ventures, Crypto.com Capital, and other investors.

BitsCrunch employs AI-based analytic tools to identify warning signs and detect wash trading. It also determines whether an NFT represents a forgery or a duplicate of the real asset. India and Germany are the headquarters of BitsCrunch.