BonanzaLab Secures Pre-Series A Funding, Accelerating Expansion of Crypto-Asset Data Infrastructure for Corporates

BonanzaLab, a digital-asset data company, said on the 3rd that it has successfully raised funding in a pre-Series A round. JB Investment and Samil PwC, a global accounting firm, participated in the round.

BonanzaLab is a digital-asset specialized data company that provides crypto-asset data infrastructure to corporate clients and financial institutions. Based on contracts with major domestic crypto exchanges, it has built an infrastructure covering the entire process—from data collection and verification to processing and delivery. Through this, it provides an environment in which corporates and institutions can immediately use crypto-asset data across a wide range of tasks, including investment, management, reporting, and the provision of investment information.

In particular, it has established itself as a data partner providing crypto price data to South Korea’s five major crypto exchanges, further strengthening its position in the corporate market as a provider of benchmark prices.

Park Hye-yeon, co-CEO of BonanzaLab, said, “This fundraising comes amid a trend in which digital assets such as crypto assets, stablecoins, STOs, and RWAs are expanding into the realm of mainstream financial products,” adding, “In an environment where demand for data standardization is rapidly increasing, centered on corporates and institutions, BonanzaLab’s data capabilities and growth potential were highly valued.”

JB Investment and Samil PwC, which participated in the investment, noted that BonanzaLab has been building core infrastructure enabling connectivity between the crypto-asset space and regulated finance. They cited as key strengths its data structures that can be immediately used in practice across the entire front-, middle-, and back-office, as well as scalability that can flexibly respond to future institutional and regulatory changes related to digital assets.

BonanzaLab said it plans to use the funds to advance its data infrastructure and strengthen its security framework, while focusing on developing customized products tailored to the corporate market and securing key talent.

Jeon Hyo-yeon, co-CEO of BonanzaLab, said, “As the number of corporates and institutions using crypto assets increases, trustworthy data infrastructure is essential,” adding, “We will strengthen collaboration with domestic and overseas crypto exchanges and grow into a company that leads crypto-asset data standards.”