Fintech
Amberdata: Empowering financial intermediaries with digital asset data
Tongtong Gong is co-founder and COO of Amberdata, the company that provides digital asset data and insights into blockchain networks, cryptocurrency markets and decentralized finance (DeFi), providing financial institutions with data for trading, risk, analytics, compliance and reporting. and research.
As a startup founder, Tongtong’s responsibilities often shift from one thing to another. “You have to be agile enough to gravitate towards what needs your help the most, step in and solve the problems you need to solve,” he says.
An engineer by profession with a bachelor’s degree in computer science, Tongtong began her career as a software developer focusing on creating data products.
“I have spent over 15 years developing data integration, data analytics, and data products and have learned a great deal about understanding related data. Often one plus one is greater than two, so I’ve learned the importance of deriving insights from data.”
Fast forward to 2016 and 2017, Tongtong’s interest in crypto assets, blockchain technology, and smart contracts has increased. “I was finding myself searching for resources to absorb as much information as possible about this new technology and emerging industry,” she adds.
“During my research, I discovered that there was a lack of interesting analytics to help me understand beyond the white papers I was reading. You can read a white paper, but what’s really happening? There wasn’t a lot of data insights available.”
This was the genesis for Tongtong to found Amberdata, along with fellow co-founder Shawn Douglass.
“We felt there was a significant gap in the market in providing the much-needed tools and resources for people to understand what is happening with smart contracts and the token economy,” says Tongtong. “We wanted to provide insights into what drives these transactions – that’s how Amberdata was born.”
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