AI-driven crypto research platform SoSoValue has announced a $15 million Series A financing round, a deal that values the company at approximately $200 million. According to the company’s press release, the round was co-led by existing shareholder HSG and SmallSpark, with additional participation from Mirana Ventures and SafePal. Combined with its earlier $4.15 million seed round in mid-2024, total funding for the company now approaches $20 million.
The announcement comes as crypto markets have seen renewed momentum and broader investor attention. SoSoValue said its user base has grown rapidly, surpassing 8 million registered users. The company framed the new financing as a way to support its next stage of development, especially the launch and expansion of SoSoValue Indices (SSI) Protocol, a spot-based crypto index product designed to simplify diversified exposure for market participants.
Capital reserved for SSI protocol growth
SoSoValue said the round closed at the end of December 2024 and that the capital is primarily earmarked as a reserve fund for the SSI Protocol. The company launched four SSI tokens in beta on the Base blockchain in late December 2024: MAG7.ssi, MEME.ssi, DEFI.ssi, and USSI. In the company’s description, USSI is positioned as a delta-neutral product that earns funding-rate yield.
Within two weeks of launch, more than 10,000 unique wallet addresses were reported to be holding SSI tokens. While that figure comes directly from the company, it indicates early traction for the protocol’s tokenized index concept. Rather than asking users to manually assemble multi-asset crypto portfolios across chains, SoSoValue says SSI packages exposure into a more streamlined token format.
How SSI is structured
According to the release, the SoSoValue Index Protocol uses on-chain smart contracts to repackage multi-chain, multi-asset portfolios into wrapped tokens representing a basket of underlying assets. These tokens are designed to track the performance of the underlying portfolio, effectively bringing a passive index investing model into spot crypto markets.
The company said underlying spot assets are safeguarded by licensed custody partners, a point SoSoValue emphasized to address security and transparency concerns. SSI tokens are also designed to rebalance automatically on a monthly basis. For users, the protocol applies a 0.01% technical service fee every 24 hours, according to the announcement.
This product structure reflects a broader effort seen across digital assets: making crypto exposure more investable for users who may not want to actively trade individual tokens. SoSoValue’s positioning is that a rules-based, rebalancing spot index can reduce friction for ordinary investors while preserving on-chain accessibility.
Founders pitch index investing for crypto
In the release, co-founder Jivvva Kwan argued that index investing is the most practical long-term approach for everyday market participants. Referencing the idea that most investors struggle to beat the market over time, Kwan said SoSoValue believes a spot-based, automatically rebalancing index can function as a lower-stress option for users seeking market-tracking exposure.
Kwan also said the company plans to introduce an open-source index creation tool. The goal, according to the statement, is to let professional investors convert market insights into actionable index strategies, enabling a wider set of users to issue their own indices. If implemented as described, that would extend SoSoValue from a research and analytics platform into a more open index issuance and tokenization framework.
Co-founder Jessie Lo focused on another longstanding problem in crypto: fragmented information. In her comments, Lo said reliable and relevant data has historically been difficult to access because it is spread across multiple platforms and providers. She said the company’s growth suggests there is meaningful demand for both actionable market information and investable products built on top of that data layer.
From research platform to investable infrastructure
SoSoValue describes itself as an AI-driven crypto research platform offering free access to professional-grade market data, ETF dashboards, round-the-clock news, and community features. The company says its platform uses advanced AI algorithms to process information from multiple sources and present it through an intuitive dashboard aimed at helping retail investors identify useful signals more efficiently.
That broader context matters for understanding SSI. The company is not presenting the protocol as a standalone product, but as an extension of its mission to make crypto investing more accessible and more equitable. In SoSoValue’s telling, the move from analytics into tokenized spot indices is a natural progression: first organize data, then package insights into structured investment tools.
The company also noted that funds from the Series A will be used to expand teams across marketing, engineering, and business development, while supporting the rollout of additional products over the coming quarters. No detailed launch schedule for those future offerings was provided in the announcement.
Growth claims and market positioning
SoSoValue said its user base has grown organically to more than 8 million total users in roughly one year, which it described as nearly tripling from prior levels. The company also highlighted earlier product milestones, including being the first to surface Bitcoin ETF net inflow and net outflow data on a unified dashboard. It further claimed to be among the first to bring together spot indexes in token form.
Development on SoSoValue began in 2023, with the platform launching in 2024. Since then, the company has sought to position itself as a professional research destination for digital asset investors on both desktop and mobile. The company’s backers, as listed in the release, include HSG, SmallSpark, Mirana Ventures, SafePal, GSR Markets, Alumni Ventures, CoinSummer Labs, and OnePiece Labs, among others.
As always with company-issued press releases, readers should treat forward-looking statements with appropriate caution and conduct independent due diligence. Even so, the financing round and SSI rollout illustrate a notable trend in crypto: the convergence of research platforms, on-chain packaging, and passive investment products. If SoSoValue can convert its large user base into sustained adoption of SSI, the company may strengthen its role not only as a data provider but also as a builder of tokenized portfolio infrastructure.