SINGAPORE, August 5, 2024 — EMURGO, a blockchain technology company with a mission to facilitate the commercial adoption of the Cardano ecosystem and Web3 technologies, today announced a partnership with Sonarverse, a leading blockchain data infrastructure platform.
Fully SOC 2 Type II and GDPR-compliant, Sonarverse provides institutional and enterprise clients with complete, high-quality data on more than sixty current blockchain networks using state-of-the-art big data architecture. Blockchain companies and developers can also leverage the platform to gain greater interchain operability for decentralized applications.
Through this partnership, EMURGO and Sonarverse will collaborate in the following areas:
- Integrate on-chain data for Cardano into Sonarverse’s platform to provide comprehensive and curated datasets, thereby offering companies and developers deeper analytical insights into the Cardano ecosystem. Sonarverse customers accessing this data can be confident that it includes all the latest functionalities, technical enhancements, security updates, and patches.
- Organize joint promotional and educational events to introduce Sonarverse’s data services to blockchain projects and developers looking to expand Cardano’s interoperability.
- Explore additional avenues for potential synergy, including joint R&D projects and initiatives to build blockchain data solutions that can enhance transparency and compliance for institutions.
“EMURGO is pleased to partner with Sonarverse and help deliver another tool that can foster Web3 innovation. An influx of new decentralized products and services into the Cardano ecosystem combined with the increasing usage of existing ones has led to a greater need for precise and comprehensive on-chain data on the ecosystem,” said EMURGO CEO Ken Kodama.
“Sonarverse provides an extensive collection of queryable tables for Cardano’s entire on-chain history. Among the growing applications for Cardano data, our enterprise clients — such as financial institutions, data and research platforms, risk intelligence firms, and crypto tax/accounting firms — rely on our datasets to power their use cases on Cardano. Prospective investors can explore ecosystem activity metrics, auditors can access near real-time wallet balances and transactions, and analytics platforms can analyze token holder distributions, among other use cases we support,” said Sonaverse Global Head of Business Development Jesse Bornstein.
About EMURGO
EMURGO is a blockchain technology company and a founding entity of the Cardano blockchain that provides products and services to drive the adoption of Cardano’s Web3 ecosystem.
Established in 2015 in Japan, EMURGO exists to facilitate commercial growth of the Cardano ecosystem and unlock the full potential of the ecosystem through partnerships, investments, education, and infrastructure development. To connect and learn more, visit https://emurgo.io.
About Sonarverse
Sonarverse is the industry-leading on-chain data indexing platform with 60+ chains covered and many more coming soon. Our state-of-the-art big data infrastructure allows us to rapidly cover new chains with industry-leading data quality. With such expansive chain coverage, we make it possible to understand digital asset activity across all blockchains, both public and private.
We deliver datasets through data warehouses, providing a complete lift and shift of the data with no need for APIs (no rate limiting, throttling, usage costs, etc.). We can deliver the data in any environment or database needed by our customers. We provide our datasets at a highly competitive rate to ensure our clients can scale their chain coverage.
For more information, visit our website https://sonarverse.com.
Disclaimer
You should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained herein shall constitute a solicitation, recommendation, endorsement, or offer by EMURGO to invest.
