What Glassnode does

Glassnode is a digital asset market intelligence company founded in 2017 and headquartered in Zug, Switzerland. It operates a unified data layer that aggregates on-chain fundamentals, market data (spot, futures, options, ETFs, DATs), and macroeconomic indicators from 300+ centralized and decentralized exchanges, 12+ derivatives venues, blockchain networks, miners, validators, and economic databases, producing 1,700+ timeseries metrics across 1,500+ assets with 15+ years of historical depth. The platform's differentiator is its proprietary clustering algorithms, which map wallet addresses to real-world entities to attribute supply, demand, capital flows, and investor behavior across Bitcoin, Ethereum, and broader digital asset markets.

The company's product portfolio is anchored by Glassnode Studio, a flagship analytics platform with web UI and programmatic access via API, MCP, CLI, and Snowflake; Glassnode Research, an analyst-driven intelligence publication plus bespoke research services for institutional clients; and Bitcoin Vector, a $749/month systematic allocation framework that emits daily Risk-On/Risk-Off signals. Supporting products include Market Compass (a seven-lens Bitcoin market dashboard), GEX Heatmap (options dealer positioning visualization), and Strategy Watch (a monthly institutional fund-flow newsletter). In 2022, Glassnode acquired Accointing.com, a Baar-based crypto tax and portfolio tracking platform, to extend beyond pure market intelligence into portfolio management and tax reporting for individual and HNW holders.

Commercially, Glassnode runs a B2B SaaS model with subscription-based Studio and Vector tiers, supplemented by bespoke research engagements delivered to institutional clients. It serves a horizontal base of institutional investors, quantitative traders, research analysts, and high-net-worth individuals, with named enterprise users including Coinbase, Binance, CME, Grayscale, Ark Invest, Coinshares, Bitwise, Fasanara Digital, B2C2, Bybit, and Swissblock. The go-to-market combines product-led growth through Studio with enterprise field sales for custom research and API integrations, and is amplified by co-marketed research partnerships with major industry counterparties.

Name

Glassnode

Legal name

Glassnode

Website

https://glassnode.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

51–100 employees

Short description

Glassnode is a digital asset market intelligence platform that serves institutional investors, quantitative traders, and research analysts with a unified data layer covering 1,500+ assets via Glassnode Studio, Research, and Bitcoin Vector products.

Ownership category

akta.pro rank

Product category

Digital Asset Market Intelligence

NAICS

Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)

SIC

Investment Advice (6282), Finance Services (6199)

akta.pro primary industry

Blockchain Analytics & Transaction Monitoring (FSADALAB)

akta.pro secondary industries

Crypto Index Providers & Benchmark Administrators (FSADAHAB), Transaction Analytics & Cash-Flow Insights (risk signals, forecasting) (FSAGACAG)

Keywords

• On-chain analytics
• Crypto market data
• Digital asset intelligence
• Blockchain metrics
• Market data API

Headquarters

HQ city

Zug

HQ country

Switzerland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Infrastructure, Marketing or Sales, Operations

Revenue model

1. Studio Subscription: Glassnode Studio subscription providing access to the unified data layer with pre-built charts, dashboards, and API integration capabilities for investors, traders, and researchers.
2. Bitcoin Vector Subscription: Premium subscription at $749/month offering daily BTC regime signals, Risk-On/Off detection, BTC/Cash allocation guidance, and twice-weekly expert Bitcoin analysis.
3. Bespoke Research Services: Custom research engagements for institutional clients including partner reports with major industry participants such as Coinbase, WisdomTree, Fasanara Digital, and Avenir Group.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels5 records

Core offering

Glassnode operates a unified digital asset data layer that aggregates on-chain, market, and macroeconomic data from 300+ centralized and decentralized exchanges, blockchains, miners, validators, ETF issuers, and economic databases into 1,700+ timeseries metrics across 1,500+ assets with 15+ years of historical depth. The company delivers this data through Glassnode Studio (flagship analytics platform with pre-built dashboards and API access), Glassnode Research (expert analyst market intelligence and bespoke research), and Bitcoin Vector (a systematic allocation framework providing daily Risk-On/Risk-Off signals for Bitcoin). Target users are institutional investors, trading firms, and research organizations.

Product overview

Glassnode is a digital asset market intelligence platform built for investing, trading, and research. The platform integrates spot, futures, options, ETFs, DATs, and on-chain data into a unified data layer. The core product portfolio consists of Glassnode Studio (the flagship analytics platform providing access to 1,700+ metrics across 1,500+ assets), Glassnode Research (expert analyst market intelligence and bespoke research), and Bitcoin Vector (a systematic allocation strategy reading market regimes from on-chain data daily). These are supported by specialized offerings including Strategy Watch (institutional fund performance newsletter), Market Compass (scored Bitcoin market assessment dashboard), and GEX Heatmap (options gamma positioning visualization tool), all accessible through the unified data layer.

Differentiator

Problem solved

Functional benefit

Brands

• Glassnode Studio: The flagship platform providing access to the unified data layer, timeseries metrics, dashboards, and integrated API, MCP, and CLI.
• Glassnode Research
• Bitcoin Vector
• Market Compass
• Strategy Watch

Products and services

• Glassnode Studio Flagship web-based analytics platform providing institutional investors, traders, and researchers access to Glassnode's complete unified data layer with 1,700+ timeseries metrics across 1,500+ assets. Includes pre-built charts, dashboards, custom analysis tools, and programmatic access via API, MCP, CLI, and Snowflake integration.
• Glassnode Research Expert analyst-driven market intelligence offering that translates Glassnode's comprehensive market data into insights professional investors rely on. Includes weekly publications, analyst commentary, market pulse reports, and bespoke research engagements with partner firms.
• Bitcoin Vector Systematic allocation strategy framework for Bitcoin priced at $749/month, providing daily regime detection (Risk-On vs Risk-Off) read from on-chain data, BTC/Cash allocation guidance, real-time alerts, and twice-weekly expert Bitcoin analysis for investors acting on structure rather than emotion.
• Strategy Watch Monthly newsletter providing institutional-grade analysis of fund performance, capital flows, and allocation trends in digital assets, available through the Glassnode Research portal for subscribers.
• Market Compass Cryptocurrency market analysis dashboard that consolidates thousands of on-chain and market indicators into seven scored lenses to assess Bitcoin market conditions, available to Advanced and Professional users with daily data and weekly analyst commentary.

Quantifiable outcome

• Risk-On/Off framework delivered $133K upside across four Risk-On periods and protected $73K drawdown across four Risk-Off periods on a $100K base position (2024-2025)

Named customers11 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability2 records

Feature7 records

Partnerships

Six partnerships are on record, tiered core and major.

• Exchange OScoreTechnology or Integration · 1 May 2026Glassnode serves as the official onchain data provider for Exchange OS launch on OKX's Xlayer L2 network. The partnership enables developers to deploy trading markets with access to Glassnode's market data.
• CoinbasecoreStrategic or Co-development Partner · 1 April 2026Glassnode and Coinbase collaborated on the 'Charting Crypto Q2 2026' report, distilling key market and on-chain trends impacting institutional crypto strategy. This partnership positions Glassnode as a preferred data provider for Coinbase's institutional research initiatives.
• WisdomTreecoreStrategic or Co-development Partner · 1 March 2026Glassnode partnered with WisdomTree on 'Reframing Blockchains as Economic Systems' research, exploring how blockchain networks can be analyzed through observable activity, incentives, and infrastructure perspectives.
• Fasanara DigitalmajorStrategic or Co-development Partner · 1 December 2025Collaborative Q4 2025 institutional market perspectives report analyzing Bitcoin's liquidity profile and capital flow dynamics as global liquidity tightens.
• Avenir GroupmajorStrategic or Co-development Partner · 1 July 2025Innovative study exploring how Bitcoin's liquidity profile is being reshaped by structural capital flows, published as a joint research report.
• Accointing.comcoreStrategic or Co-development Partner · 1 October 2022Glassnode acquired the crypto tax and portfolio tracking platform Accointing.com to enhance user experience by integrating services for portfolio management and tax reporting. The acquisition aimed to provide a unified solution combining Glassnode's market intelligence with Accointing's portfolio tracking capabilities.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Nansen: On-chain analytics platform known for wallet labeling, smart money tracking, and entity-level insights. Competes with Glassnode's clustering-based entity intelligence and serves overlapping institutional and high-net-worth segments.
• Kaiko: Crypto market data provider focused on trade, order book, and reference rate data across centralized exchanges. Competes with Glassnode on market data aggregation and institutional delivery, with stronger emphasis on tick-level trade data.
• Coin Metrics: Institutional-grade crypto market data provider offering on-chain, market, and reference rate data. Direct competitor in the institutional data layer where Glassnode competes on unified data, with overlap in serving asset managers and exchanges.
• Messari: Crypto research, data, and intelligence platform serving institutional investors. Overlaps with Glassnode Research on institutional market reports and increasingly on data products (e.g., Messari's revenue and on-chain metrics).
• CryptoQuant: On-chain and market analytics platform serving institutional and retail crypto investors. Closest direct competitor to Glassnode Studio with overlapping metric coverage (exchange flows, miner data, MVRV-style indicators) and a similar subscription model.
• Chainalysis: Leading blockchain analytics company providing on-chain data, compliance, and investigation tools. Competes with Glassnode in on-chain market intelligence and shares institutional crypto customers, though Chainalysis is more compliance-focused.

Broad incumbents

• The Block: Crypto research, news, and data provider with broad institutional coverage. Overlaps with Glassnode Research and competes for institutional mindshare on market intelligence, though The Block's data layer is narrower than Glassnode's.

Emerging players

• Token Terminal: Crypto financial data platform focused on protocol revenue, fees, and fundamental metrics. Adjacent competitor covering a different slice (protocol fundamentals) than Glassnode's market/on-chain emphasis, with overlapping institutional buyers.
• Dune Analytics: Community-driven on-chain analytics platform with growing institutional offering (Dune Enterprise). Competes at the dashboards/queries layer with Glassnode Studio, particularly for DeFi and EVM-native use cases.
• Santiment: On-chain and social analytics platform providing behavioral and market signal data. Competes with Glassnode at the retail/prosumer analytics tier and overlaps on developer- and crowd-sentiment metrics.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/glassnode

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Glassnode