Non Regulatory

Hilbert Group forms the COIN360 JV with Cointelegraph and Chiron Partners

COIN360, one of the world’s most popular cryptocurrency market data aggregators known for its iconic heatmap, will launch a new data analytics business under the joint leadership of Hilbert Group, Cointelegraph and Chiron Partners.

As mentioned in the official Nasdaq listing company description published on the 21st of October 2021, Sweden-based Hilbert Group AB, US-based Cointelegraph and Asia-based investment group Chiron Partners will join forces to launch a new business of COIN360. Under this joint leadership, COIN360 will expand its product suite to become a full-service market data provider covering the full spectrum of digital assets (incl. DeFi, NFT, STO) for both institutional and retail traders. (For further information, please refer to the company description of Hilbert Group AB.)

Under the new arrangement, COIN360, the iconic heatmap crypto market data provider with 4 million monthly visits, will become a joint venture of the three parties.

Hilbert Group AB, which will list on Nasdaq First North on the 27th of October 2021, is now the majority owner of COIN360 with 60% of the shares.

“Given the large volume of monthly visitors, COIN360.com has the potential for significant revenue, not least from advertisements and SaaS,” says Niclas Sandström,
“From this basis, the aim is to develop COIN360 into the world’s leading website for potential investors in cryptocurrencies.

The investment in COIN360 will enable Hilbert Group – which employs a highly
data-driven and mathematical approach to cryptocurrency trading – to rapidly build up another business area; namely, the sale of information and data in the crypto field.

“In the crypto segment, Hilbert Group is aiming to build up an offering similar to the one currently provided by Bloomberg in the traditional asset classes. We believe that we can establish profitable sales of data and analysis services relatively quickly,” says Niclas Sandström, and continues: “Those who want to achieve long-term success in cryptocurrency trading must have access to reliable data and quality analyses. We believe that such a sufficiently high-quality service is currently lacking, but we plan on filling this gap in the market.”

Sean Hung, CEO of Chiron Partners said: “We are delighted to partner with Hilbert Capital to further grow COIN360. With the partnership, we aim to build a professional, trusted and reliable market data service offering for all digital assets players. Combining both Hilbert Capital’s and our expertise and network, we believe it will definitely accelerate the growth of COIN360 to become one of the most trusted digital assets data providers.”

Jay Cassano, CEO of Cointelegraph said: “COIN360’s heatmap is one of the most iconic fixtures on every crypto trader’s desk. From a brand perspective, this is a natural partnership for Cointelegraph, with our similarly recognizable and beloved art style. I look forward to helping develop COIN360’s data offerings so that we can best inform our readers.”

For further information, please contact:
Niclas Sandström, CEO Hilbert Group
+46 (0) 73 756 3542
ir@hilbert.group


About COIN360 (https://coin360.com/)
COIN360 is a cryptocurrency and crypto exchange live data aggregator. COIN360 delivers vital market data in a visually engaging manner. Whether you are a professional or novice trader, media outlet, or just crypto curious, COIN360 offers indispensable tools to stay updated on the latest cryptocurrency market movements.

About Hilbert Group (https://hilbert.group/en/)
Hilbert Group is a crypto investment and data analysis firm. Hilbert Group was founded in late 2018 by PhDs in Theoretical Physics as well as investment banking and hedge fund professionals. The firm is involved in four verticals: asset management, proprietary trading, VC investing and data & analytics. Hilbert Group applies rigorous risk management, quantitative analysis and algorithmic methods to the fast-growing crypto space. With proprietary volatility harvesting trading strategies, Hilbert Group thrives in the high-volatile environment offered by the crypto market.  

About Cointelegraph (https://cointelegraph.com/)
Cointelegraph is the world's largest independent digital media resource covering a wide range of news on blockchain technology, crypto assets, and emerging technological trends. Since 2013, Cointelegraph has delivered the most accurate and up-to-date news from both the decentralized and centralized worlds.

About Chiron Partners
Chiron Partners is a leading Asian investment group that focuses on high-growth investment opportunities globally, with an expertise in blockchain and late-stage technology companies. In addition to capital, the group strives to support its portfolio companies with its network of talent, investors, and marketing resources in order to drive growth and returns.