DeFi data company IntoTheBlock merges with Trident Digital to form Sentora, securing $25 million in funding.

According to Gate.io News bot and a report by CoinDesk, DeFi data analytics firm IntoTheBlock has announced a merger with liquidity solutions provider Trident Digital, with the newly formed entity named Sentora. The company is in the process of raising $25 million in financing led by New Form Capital, with participation from Ripple and Tribe Capital.

Sentora will combine the professional advantages of the two companies in the fields of DeFi data analysis and liquidity structure design to create a one-stop compliant DeFi platform for institutional investors, providing services such as yield strategies, risk control, compliance, and structured products.