AI-Driven SoSoValue Launches SSI Protocol After $15M Series A Funding
demand valueis a Singapore-based AI-driven cryptocurrency research platform that has taken a major step towards simplifying cryptocurrency investing. The company recently announced that it has acquired US$15 million in Series A financing, mainly used as reserve fund for SoSoValue Index (SSI) ProtocolThis innovative initiative by Lake aims to bring safe, transparent and low-cost passive crypto investment solutions to the market.
Jivvva Kwan, co-founder of SoSoValue, said, “As Charlie Munger famously said, ‘None of us can beat the market in the long run.'” For ordinary investors, the best way is index investing. We believe that the best solution for everyday investors is a spot-based index that automatically rebalances as a stress-free market-tracking investment option. “This is the idea behind the development of the SoSoValue Index (SSI) protocol.
Revolutionizing Cryptocurrency Investing with the SoSoValue Index (SSI) Protocol
this SSI protocol Aims to repackage multi-chain, multi-asset investment portfolios into Wrapped Tokens (SSI). SoSoValue has launched four tokens, including:
- MAG7.ssi: Focus on the top seven cryptocurrencies by market capitalization.
- MEME.ssi: Capture the performance of popular meme coins.
- DEFI.ssi: Includes tokens from leading DeFi platforms.
- USSI (hedge): Provides a delta neutral option for stability.
These SSI tokens each represent a diversified basket of underlying assets, providing investors with a simple way to track market performance and realize the benefits of passive index investing.
The platform’s unique approach will automatically rebalance these indices every month, ensuring portfolios remain aligned with market trends. SoSoValue focuses on security and transparency, partnering with institutional-grade custody providers to protect assets. The SSI protocol also incorporates on-chain smart contracts to enhance trust and reliability in the investment process.
A platform backed by strong growth and vision
Since its founding in 2023, SoSoValue has quickly established itself as a dominant player in the cryptocurrency research space. The platform enables investors to easily make data-driven decisions using advanced artificial intelligence algorithms and intuitive dashboards. With over 8 million registered users, SoSoValue already addresses the growing demand for accessible and actionable crypto investment tools.
Notable investors include HSG and little sparkco-led this round of financing, and HSG is also an existing shareholder of SoSoValue. other investors are Milana Venturesand Safety treasure. This follows the successful completion of a $4.15 million seed round in mid-2024, bringing total funding to nearly $20 million. The latest funding will be used to finalize the SSI agreement, expand product range and expand the size of the marketing, engineering and business development teams.
SoSoValue Index (SSI) Protocol Value Proposition
The cryptocurrency market is often criticized for its complexity and lack of transparency. Data fragmentation across multiple platforms makes it difficult for investors to make informed decisions. SoSoValue solves this problem by integrating disparate data streams into one accessible platform.
The platform’s AI-driven insights provide a comprehensive view of the market, including Bitcoin ETF Dashboard, net inflow/outflow tracker and price movement. This enables investors, even those without expertise in advanced technologies, to evaluate opportunities with confidence.
SoSoValue’s commitment to inclusion extends to investors around the world. Once launched, the SSI protocol is expected to be able to seamlessly allocate funds into a diversified “basket” of cryptocurrencies while minimizing the risk of mismanagement or fraud.
There are also plans to launch an open-source index creation tool that will allow professional investors to design and implement their indices. This move reflects SoSoValue’s commitment to providing users with the tools to customize their investment strategies.
Future efforts and industry impact
The expected launch of the SSI protocol is just the beginning for SoSoValue. The company is committed to launching more indices and enhancing AI-driven data tools. These initiatives aim to redefine the way investors interact with the cryptocurrency market, making it more accessible, secure and efficient.
SoSoValue’s broader mission is to attract long-term players into the crypto ecosystem by providing tools that simplify the investment process. The SSI Protocol is an important step towards promoting healthy and continued growth of the cryptocurrency market.
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in conclusion
SoSoValue’s planned launch of the SSI protocol represents a pivotal moment in the cryptocurrency investment world. By combining advanced artificial intelligence technology with innovative index solutions, SoSoValue promises to make cryptocurrency investing simpler, more transparent and accessible to everyone.
For experienced investors and beginners alike, the SSI Protocol offers a groundbreaking opportunity to diversify a portfolio and navigate the dynamic cryptocurrency environment with confidence. With a focus on innovation and inclusivity, SoSoValue is set to shape the future of cryptocurrency investing.
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