According to ChainCatcher, Octav, an on-chain data analysis platform, has announced the completion of a $4 million strategic funding led by high-net-worth individuals in cryptocurrencies, but the specific participants have not been disclosed. The investment will be used to expand the marketing team and accelerate the process of decentralization and open source data.

According to the encryption data platform RootData, Octav announced in September last year that it had completed a $2.65 million seed round of financing. Investors included institutions such as Nascent, Polymorphic Capital, Parallel Studio, and individual investors such as Aave strategy head Markc Zeller and former Sushiswap CEO 0xMaki.

Octav is a free and editable data analysis platform for interpreting users' DeFi investment activities, including cost basis, profit and loss (P&L), and exportable reports.