What Tiger Research does

Tiger Research is an independent blockchain research and data company headquartered in Seoul, South Korea, founded in 2021 by Daniel Kim. The firm specializes in in-depth analysis and forward-looking insights on digital asset markets across Asia's Web3 landscape, with particular emphasis on South Korea, and operates regional offices in Tokyo, Hanoi, and Jakarta to cover Korea, Japan, Vietnam, and Indonesia. Its stated mission is to serve as a "trusted Sherpa for Web3 projects" connecting them to the sectors and regions where they matter most, targeting Web3 builders, institutional investors, and regulators.

The company operates two core product lines. Tiger Research Reports is a Substack-based research publication (reports.tiger-research.com) with 22,000+ subscribers delivering analysis on stablecoin adoption, crypto market structure, regulatory developments, and institutional participation across nine Asian countries. The Tiger Research Data Platform (app.tiger-research.com) is an institutional-grade analytics dashboard providing South Korea-specific crypto market metrics including CEX trading volume, exchange market share, stablecoin supply, Kimchi Premium, Korea Exchange Netflow, Top 10 Outflow Destinations, and a volume-weighted TradFi index comparing Korean equities trading on overseas perpetual futures markets. A Japan data region is marked as "COMING SOON."

Tiger Research generates revenue through subscription-based access to its research and data platform, targeting institutional clients. The company is publicly followed by top-tier enterprises including McKinsey, Deloitte, J.P. Morgan, Amazon, SoftBank, Samsung, Sony, a16z, and KKR. The firm operates without disclosed external funding rounds and appears to have grown organically through content-led distribution, with a stated team possessing "100+ combined years in finance and technology." Pricing is not publicly disclosed, and the firm has begun expanding into curated institutional events as a third product pillar.

Name

Tiger Research

Legal name

Tiger Research

Website

https://tiger-research.com

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

11–50 employees

Short description

Tiger Research is an independent Seoul-based blockchain research and data firm providing institutional-grade analysis and South Korea-focused crypto market data to Web3 builders, investors, and regulators across Asia.

Ownership category

akta.pro rank

Product category

Crypto Market Research and Data

NAICS

Marketing Research and Public Opinion Polling (54191)

SIC

Services-Engineering, Accounting, Research, Management (8700)

akta.pro primary industry

Strategy & Thematic Research (FSACAGAG)

akta.pro secondary industries

Sector-Specific Industry Research (FSACAGAL), Industry & Sector Research (Syndicated/Custom) (BPAHALAE)

Keywords

• Blockchain research
• Crypto market data
• Digital asset analytics
• Web3 consulting
• Asia market intelligence

Headquarters

HQ city

Seoul

HQ country

South Korea

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Research Subscription: Tiger Research generates revenue through subscription-based access to its in-depth analysis and forward-looking insights on digital asset markets, distributed directly via its Substack platform and dedicated research portal.
2. Data Platform Access: Institutional-grade data and metrics platform providing specialized market data for South Korea's crypto ecosystem, likely offered on a subscription basis for institutional clients.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

Tiger Research is an independent blockchain research and data company that delivers subscription-based institutional research reports on Asia's Web3 landscape and operates an institutional-grade data platform providing proprietary market metrics (CEX volume, exchange market share, stablecoin supply, Kimchi Premium, capital flows, and relationship mapping) for South Korea's crypto ecosystem. The firm serves builders, investors, and regulators across Asia with both qualitative research insights and quantitative analytics.

Product overview

Tiger Research operates a unified digital asset research and data platform comprising two core offerings: Tiger Research Reports (a Substack-based research publication delivering in-depth analysis and forward-looking insights on digital asset markets, particularly focused on Asia's Web3 landscape, with over 22,000 subscribers) and the Tiger Research Data Platform (an institutional-grade analytics dashboard providing market data and metrics for South Korea's crypto ecosystem, including CEX trading volume, exchange market share, stablecoin supply, Kimchi premium tracking, and capital flow monitoring across exchanges). The platform also connects through curated events that link institutions with ideas and networks. The research arm publishes detailed industry reports on topics including stablecoin adoption, crypto market structure, regulatory developments, and institutional participation, while the data platform offers specialized views for South Korea's crypto market with features like CEX Volume, CEX Market Share, Stablecoin Supply, Kimchi Premium, Korea Exchange Netflow, Top Outflow Destinations, and a South Korea TradFi index.

Differentiator

Problem solved

Functional benefit

Products and services

• Tiger Research Reports (Substack) A Substack-based research publication and newsletter delivering in-depth analysis and forward-looking insights on digital asset markets, focused on Asia's Web3 landscape across nine countries. Covers market analysis, stablecoin adoption, regulatory developments, institutional participation, and crypto industry trends. Targeted at Web3 projects, institutional investors, and regulators.
• Tiger Research Data Platform An institutional-grade data and analytics dashboard providing key metrics for South Korea's crypto ecosystem, including CEX trading volume, exchange market share, stablecoin supply, Kimchi Premium, Korea Exchange Netflow, Top 10 Outflow Destinations, a South Korea TradFi volume-weighted index comparing Korean equities on overseas perpetual futures markets, and a Relationship Map covering RWA/STO, Stablecoin, Custody, and Affiliate connections. Built for institutional clients and Web3 projects needing granular South Korea crypto data.

Quantifiable outcome

• Subscribed by 25,000+ builders, investors, and regulators
• +2 more outcomes

Named customers9 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators4 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Messari: Independent crypto research and data firm providing institutional-grade research reports, market intelligence, and a data platform. Directly comparable business model (research subscription + data product) with a similar mission of serving institutional Web3 buyers, though Messari's geographic focus is global rather than Asia-tilted.
• Delphi Digital: Crypto-native research and investment firm producing institutional research, analytics, and a data platform (Delphi Labs, Delphi Research). Comparable as a subscription research + data-product business serving sophisticated digital-asset investors with sector-specific coverage.
• Blockworks: Crypto media and research company (now incorporating The Block's research assets) offering institutional research, news, and events across digital assets. Comparable subscription-driven research + media model targeting institutional digital-asset professionals.

Broad incumbents

• Galaxy Digital: Diversified crypto financial services and investment management firm operating trading, asset management, mining, and a research group. Comparable through its institutional Galaxy Digital Research arm, but operates across much broader financial-services verticals.
• CoinShares: European digital asset investment firm with a research and content arm producing weekly fund flows and thematic research. Comparable institutional crypto research, though wrapped inside a larger asset-management business model.
• Pantera Capital: Long-standing crypto-focused investment firm with public research and investor letters. Comparable as a producer of institutional digital-asset research, though primarily an investment manager with a research by-product rather than a research-first subscription business.
• Binance Research: Research arm of the largest global crypto exchange, producing institutional-grade reports on digital-asset sectors. Comparable research product for institutional readers, though attached to an exchange operator with different incentive structure and geographic concerns.
• 21Shares: Crypto ETP/ETF issuer with a research function supporting its product suite, distributing institutional research on digital assets. Comparable through institutional research output for crypto buyers, though research is ancillary to product issuance rather than a standalone subscription.

Emerging players

• Glassnode: Blockchain data and analytics platform providing on-chain market intelligence and institutional research. Comparable through its subscription data-product model for institutional digital-asset users, though more on-chain versus Tiger Research's region-specific market structure focus.
• Electric Capital: Crypto-focused venture firm that publishes widely-used developer and ecosystem research (e.g., Developer Reports). Comparable through its standalone institutional-quality research output for the crypto sector, though primary business is investing rather than subscriptions.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/Tiger_Research_

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Tiger Research