TokenData
TokenData is a San Francisco-based crypto data and research platform tracking ICOs, token sales, and blockchain M&A activity, serving crypto investors, VCs, and industry executives with analytics tools and weekly research publications since 2017.
- Company typePrivate
- Founded2017
- HeadquartersSan Francisco, United States
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What TokenData does
TokenData is a privately-held cryptocurrency data and research platform founded in 2017 in San Francisco. The company tracks ICO/token sales and crypto/blockchain M&A activity, having compiled data on 525+ token sales and 478 M&A transactions since 2013. Its product portfolio centers on a research portal (research.tokendata.io) that publishes weekly market updates and annual flagship reports (notably "The State of Crypto M&A"), alongside interactive tools including an ICO Calendar, a Token Analytics (BETA) news aggregator that consolidates project communications from Telegram/Slack/Discord, a Token Returns Analysis tool benchmarking ICO performance against BTC/ETH, and a "My Tokens" portfolio tracking feature. Customer segments span blockchain-focused VC firms, crypto investors and funds, industry executives, and retail crypto traders.
The business model is content-led: research reports are distributed free of charge via email-gated downloads on the research portal, with a weekly newsletter serving as the primary engagement channel. Pricing for any premium data services is not publicly disclosed, and the firm has not announced institutional funding, suggesting a small, founder-operated profile (1-10 employees) with co-founders Mark Murphy, Ralf Taner, and Ricky Tan. The firm's core "intangible asset" is its proprietary longitudinal dataset on crypto capital markets, built through years of curated tracking and qualitative research. Notable strategic positioning includes a 2017 partnership with Atomico contributing data analysis to the State of European Tech Report, lending institutional credibility to the firm within the European crypto VC ecosystem.
TokenData firmographics
Firmographics- Name
- TokenData
- Legal name
- TokenData
- Website
- https://tokendata.io
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- TokenData is a San Francisco-based crypto data and research platform tracking ICOs, token sales, and blockchain M&A activity, serving crypto investors, VCs, and industry executives with analytics tools and weekly research publications since 2017.
- Ownership category
- akta.pro rank
TokenData industry classification
Industry- Product category
- Cryptocurrency Market Intelligence
- NAICS
- Information (51)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Portfolio Management Systems (PMS), Rebalancing & Analytics (Crypto) (FSADAHAE)
- akta.pro secondary industry
- Crypto Index Providers & Benchmark Administrators (FSADAHAB)
Keywords
Where TokenData is headquartered
LocationHeadquarters
- HQ city
- San Francisco
- HQ country
- United States
- HQ region
- North America
Markets served
TokenData business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales
Distribution channels1 record
Marketing channels4 records
TokenData product offering
Product offeringCore offering
TokenData provides free data, analytics, and research on the Initial Coin Offering (ICO) and token market, tracking token sales, ICO fundraising performance, and cryptocurrency M&A activity. The platform offers an ICO calendar, token returns analysis with BTC/ETH benchmarking, news aggregation, and portfolio tracking tools aimed at crypto investors and researchers. The company publishes regular research including the annual State of Crypto M&A reports and weekly market updates analyzing ICO fundraising trends, token performance metrics, and regulatory developments.
Product overview
TokenData is a cryptocurrency data and research platform offering comprehensive analytics, research publications, and tracking tools for the crypto capital markets. The platform provides a suite of products including the main TokenData Research Platform for M&A analysis, an ICO Calendar for tracking token sales, Token Analytics (BETA) for news aggregation, Token Returns Analysis for performance tracking, and My Tokens for portfolio management. The portfolio centers on research publications including the annual State of Crypto M&A Reports and regular Weekly Updates that analyze ICO fundraising trends, token performance, and market developments.
Differentiator
Problem solved
Functional benefit
Products and services
- TokenData Research Platform Primary research platform providing data-driven analysis and insights on cryptocurrency M&A activity, ICO fundraising trends, token market performance, and blockchain industry developments. The platform aggregates token sales data, ICO calendar, token returns analysis with BTC/ETH benchmarking, news aggregation, and portfolio tracking tools for crypto investors and researchers.
- State of Crypto M&A Reports Annual landmark research publications analyzing M&A activity in the cryptocurrency and blockchain industry. Reports cover deal activity, deal value, strategic versus financial M&A trends, sector-specific patterns including NFTs and exchanges, decentralized M&A case studies such as the NuCypher-Keep Network merger, and regulatory impact on M&A.
Companies that use TokenData
Customer profileSegments4 records
Ideal customer profiles2 records
TokenData technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
TokenData partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- AtomicocoreTokenData collaborated with European VC firm Atomico to contribute data-driven analysis on ICO and crypto trends for the annual State of European Tech Report. This partnership provided TokenData credibility and distribution through Atomico's platform.
Scale indicators6 records
Recent moves5 records
Expansion highlights4 records
TokenData competitors and assessment
Company assessmentDirect peers
- Glassnode: On-chain crypto analytics and research firm serving institutional investors with market intelligence. Comparable to TokenData's premium research positioning, though focused on on-chain metrics rather than ICO/M&A data.
- Messari: Independent crypto research, data, and analytics firm producing annual 'State of' reports, market intelligence, and subscription research products. Highly comparable to TokenData's research-publishing model and target audience of crypto investors and funds.
- Santiment: Crypto market intelligence platform providing on-chain, social, and development data analytics. Comparable audience and product category of paid crypto research and data feeds.
- The Block: Crypto news, research, and data platform serving institutional investors with market intelligence and analysis. Closely mirrors TokenData's audience of crypto VCs, hedge funds, and industry executives.
- CryptoCompare: Crypto market data provider offering exchange data, indices, and research reports. Comparable in offering institutional-grade crypto data and analytics with a similar target market.
- CoinGecko: Crypto data aggregator tracking thousands of tokens, prices, and trading volume across exchanges. Overlaps with TokenData's token tracking and ICO calendar functionality, though broader in token coverage.
- Kaiko: Institutional crypto market data provider offering trade and aggregated data, indices, and analytics. Comparable to TokenData's institutional research orientation, though focused on market microstructure data.
Emerging players
- DappRadar: Dapp analytics and discovery platform tracking user activity, volume, and rankings across blockchain applications. Adjacent to TokenData's ICO/token tracking functionality with a different primary metric (dapp usage vs. token sales).
- DefiLlama: Independent DeFi-focused analytics platform tracking TVL, yields, and protocol data. Comparable as an independent crypto analytics and data platform, but focused exclusively on DeFi.
Broad incumbents
- CoinMarketCap: Largest crypto market data aggregator (owned by Binance) tracking token prices, exchange volumes, and historical ICO data. Provides similar token and ICO tracking but as a much broader incumbent platform.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
TokenData social profiles
Digital presenceTokenData financial estimates
Financial estimateRevenue estimate
Valuation estimate
TokenData leadership team
Management profileNumber of profiles
TokenData funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
TokenData M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about TokenData
What does TokenData do?
TokenData provides free data, analytics, and research on the Initial Coin Offering (ICO) and token market, tracking token sales, ICO fundraising performance, and cryptocurrency M&A activity. The platform offers an ICO calendar, token returns analysis with BTC/ETH benchmarking, news aggregation, and portfolio tracking tools aimed at crypto investors and researchers. The company publishes regular research including the annual State of Crypto M&A reports and weekly market updates analyzing ICO fundraising trends, token performance metrics, and regulatory developments.
Is TokenData a public or private company?
TokenData is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was TokenData founded?
TokenData was founded in 2017. It employs 1 to 10 people.
Where is TokenData based?
TokenData is headquartered in San Francisco, United States, in the North America region.
Who are TokenData's main competitors?
Direct peers on record are Glassnode, Messari, Santiment, The Block, CryptoCompare, CoinGecko and Kaiko. Emerging players are DappRadar and DefiLlama. CoinMarketCap is listed as a broad incumbent.
Does TokenData have an API?
No public API is recorded for TokenData.
What industry is TokenData in?
TokenData's product category is Cryptocurrency Market Intelligence. Its primary akta.pro industry code is FSADAHAE, Portfolio Management Systems (PMS), Rebalancing & Analytics (Crypto), with a secondary code of FSADAHAB, Crypto Index Providers & Benchmark Administrators. Its NAICS code is 51 and its SIC code is 6199.