How does Seerian compare to DefiLlama, CoinGecko, Nansen, or Arkham?

Seerian aggregates and normalizes feeds from these providers and underlying indexers into one primary surface. Your team works across the coverage each provider makes available, alongside real-time cross-asset correlation and collaborative research tools, with refresh cadence varying by source. By consolidating these datasets natively, Seerian eliminates the operational friction and context switching of navigating disparate platforms, allowing analysts to focus entirely on execution.

How is your data sourced and refreshed?

We aggregate from premium providers including Nansen, Arkham, CoinGlass, Dune, DefiLlama, CryptoRank, StakingRewards, Etherscan, DeBank, CoinGecko, CoinMarketCap, DEX Screener, and X. Refresh cadence varies by source and is detailed in our data documentation, provided during onboarding.

How do I export data out of Seerian?

CSV export is available across every table in the product today: screeners, portfolio views, watchlists, and research data. A dedicated REST API for enterprise customers is available on request.

How do exchange and wallet connections work?

Seerian uses read-only API keys and public wallet addresses. We never have withdrawal or trading permissions.

What is your security posture?

Passkeys, 2FA, and read-only exchange integrations, with role-based access and SSO on Enterprise. Our primary infrastructure is hosted in the EU, with authentication processed in the United States, and data is encrypted in transit and at rest. Our controls are aligned with the SOC 2 framework and an independent SOC 2 Type II audit is in progress. A full security overview, including our vendor subprocessors, is available on request.

Can we onboard our whole team?

Yes. Seerian is built for organizations: roles, workspaces, shared research, org-level billing, and SSO are all included in enterprise plans.

Market Research / DATs

Digital asset treasuries, marked to the chain

Track corporate digital asset balance sheets across public equities, mining operators, and private funds. Reconcile regulatory filings, capital raises, and cost basis directly against verified on-chain wallet movements in real time.

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SEC disclosure and on-chain reconciliation

Hold regulatory disclosures directly against verified on-chain wallet activity. A filing states a position at a date; the addresses behind it settle continuously, and the gap between them is the period an equity is priced on a number that has stopped being current.

Filing-to-wallet verification
Audit Form 8-K disclosures, 10-Q quarterly balance sheets, and press releases against monitored on-chain corporate addresses
Unannounced wallet movements
Alert on transfers between internal vaults, OTC desks, and custodians before they reach a public filing
Custodian and multi-sig attribution
Map treasury storage across institutional custodians and the multi-signature architectures holding it

Real-time mark-to-market and NAV valuation

Value corporate treasuries continuously as the underlying spot market moves, rather than at the last filing. The equity trades all session against reserves that are repriced by the block.

Live mNAV calculation
Compute multiple-to-net-asset-value by comparing enterprise value against real-time digital asset reserves
Per-share backing
Monitor native asset holdings per outstanding diluted share throughout market hours
Unrealised PnL tracking
Track dollar and percentage gains on reserve assets against the price they were executed at

Cost basis and acquisition trajectory

Deconstruct purchase history, averaging schedules, and cost basis over any window. A treasury is not one entry price but a ladder of them, and the blend is what unrealised profit and the breakeven level are measured from.

Acquisition tranche logging
Timestamped purchase batches, paired with the spot rate each was executed at and the fiat deployed
Weighted average cost basis
Blended entry prices across multi-year accumulation, rather than a single headline number
Breakeven price modelling
Measure unrealised profit and the breakeven level against the blended purchase price beneath them

Capital structure, convertible debt, and dilution

Monitor the debt issuance, convertible terms, and ATM equity programmes that fund treasury growth. The reserves are the visible half of the trade; the claims against them decide who actually owns it.

Convertible note terms
Principal, coupon, maturity, and conversion strike across each tranche of corporate debt
ATM equity offering velocity
Measure share dilution and capital raised through at-the-market programmes as it happens
Accretion against dilution
Evaluate whether an issuance raised or lowered native token yield per share

StrategyMSTR · Convertible notes

$4.45BPrincipal outstanding

20290.625% coupon$1.05B

Strike $49737% buffer

20300.000% coupon$0.80B

Strike $67254% buffer

20322.250% coupon$2.60B

Strike $84563% buffer

StrategyMSTR · ATM programme

$1.42BRaised · 4 weeks

214W1386W2298W3522W4

Shares out258.4M → 263.1M+1.8%

StrategyMSTR · Accretion test

+2.8%BTC yield per share

Before issuance2,841 sats

After issuance2,921 sats

VerdictAccretive

StrategyMSTR · Convertible notes

$4.45BPrincipal outstanding

20290.625% coupon$1.05B

Strike $49737% buffer

20300.000% coupon$0.80B

Strike $67254% buffer

20322.250% coupon$2.60B

Strike $84563% buffer

StrategyMSTR · ATM programme

$1.42BRaised · 4 weeks

214W1386W2298W3522W4

Shares out258.4M → 263.1M+1.8%

StrategyMSTR · Accretion test

+2.8%BTC yield per share

Before issuance2,841 sats

After issuance2,921 sats

VerdictAccretive

Cohort benchmarking and relative valuation

Track the whole treasury cohort on standardised terms rather than one name at a time. These companies now trade as a group, and an mNAV multiple only means something against the others.

Cohort performance ranking
Compare treasury companies on holdings, mNAV multiple, leverage, and 30-day accumulation speed
Cross-asset treasury distribution
Isolate the balance sheets holding bitcoin, ether, solana, or a multi-asset reserve
Miners against holding companies
Separate pure-play holders from proof-of-work operators accumulating block rewards

Treasury companies7D30D90D1Y

+270%+270%0%-10%

Company	MSTR	MARA	SBET	DFDV
Holds	BTC	BTC	ETH	SOL
Units held	640,031	52,850	1.02M	2.14M
Treasury value	$41.7B	$3.4B	$1.9B	$0.3B
Change · 24h	+2.1%	+1.4%	+3.6%	+5.2%
mNAV	1.42x	1.08x	0.94x	1.86x

Historical purchase overlays on spot price

Track how corporate balance sheet expansions correlated with asset price movement across historical market cycles.

Transaction timeline mapping
Visualize exact entry points across multiple purchase rounds alongside long-term market trends
Macro price context
Inspect market regime shifts, funding rate environments, and drawdown levels during active buying windows
Cost basis trajectory
Project cumulative treasury accumulation over price history to isolate high-conviction buying bands

Institutional treasury coverage

Live wallet verification: On-chain
Historical tranche logging: Cost basis
Full historical coverage: Any timeframe

Institutional teams rely on Seerian for continuous visibility into global corporate treasuries, capital raises, and reserve backing, normalised into one workspace.

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Universal treasury company analysis tools

Apply Seerian’s core research capabilities to any individual treasury company across the platform using standardized market data inputs.

Treasury companies7D30D90D1Y

+270%+270%0%-10%

Company	MSTR	MARA	SBET	DFDV
Holds	BTC	BTC	ETH	SOL
Units held	640,031	52,850	1.02M	2.14M
Treasury value	$41.7B	$3.4B	$1.9B	$0.3B
Change · 24h	+2.1%	+1.4%	+3.6%	+5.2%
mNAV	1.42x	1.08x	0.94x	1.86x

Treasury cohort comparison

Chart total reserves, mNAV multiples, and share price performance across public treasury companies side-by-side on shared axes

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Cross-asset correlation matrix

Measure historical correlations between treasury equity prices, the native tokens they hold, and the broader equity indices they sit in

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Corporate and treasury entity graph

Map the relationships between a corporate parent, its debt issuance vehicles, its filings, and the addresses its reserves are stored at

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mNAV by companyLive

MSTR1.62x

MARA1.35x

RIOT1.21x

SMLR0.87x

Parity1.00x reserves

ATM issuance30 days

+$1.94BRaised across the cohort

MSTR$1.42B+2.8%

MARA$312M+1.1%

RIOT$186M+0.4%

SMLR$24M−0.6%

BarsBTC yield per share

Convertible strikesMSTR

2029 · 0.625%$497

37% below strike

2030 · 0.000%$672

54% below strike

2032 · 2.250%$845

63% below strike

Last$312.40

mNAV by companyLive

MSTR1.62x

MARA1.35x

RIOT1.21x

SMLR0.87x

Parity1.00x reserves

ATM issuance30 days

+$1.94BRaised across the cohort

MSTR$1.42B+2.8%

MARA$312M+1.1%

RIOT$186M+0.4%

SMLR$24M−0.6%

BarsBTC yield per share

Convertible strikesMSTR

2029 · 0.625%$497

37% below strike

2030 · 0.000%$672

54% below strike

2032 · 2.250%$845

63% below strike

Last$312.40

Treasury mNAV and dilution spread indicators

Monitor real-time mNAV multiples, premium and discount spreads, ATM share dilution velocity, and convertible debt strike buffers in one consolidated dashboard

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Collaborative treasury analysis

Document treasury research, attach notes to specific debt offerings or filings, and discuss positioning with your team alongside live market data.

Discussion and annotation

Document treasury research, attach notes to a specific debt offering or 8-K filing, and discuss it in context alongside live market data

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Watchlist integration

Add corporate treasury names, mining operators, or individual debt tranches to shared team watchlists with a single click

Learn more

Custom dashboard pinning

Pin treasury mNAV leaderboards, corporate cost-basis tables, or reserve tracking charts directly to custom team dashboards

Learn more

Contextual news feed

Stream verified filing notifications, debt offering announcements, and on-chain whale movements against the balance sheets you monitor

Learn more

Custom alert routing

Route threshold notifications for unannounced wallet transfers, mNAV premium and discount spikes, or 8-K drops to Slack, Telegram, Teams, WhatsApp, or PagerDuty

Learn more

Seera AI prompts

Summarise the debt terms in a Form 8-K, calculate net accretion per share from a recent equity offering, or draft an internal treasury due diligence note

Learn more

Trusted by institutional teams managing digital assets at scale

Discover how top investment firms, funds, and family offices consolidate market intelligence into one workspace.

Book a demo

“Before Seerian, we were paying for separate analytics platforms and manually stitching the data together in internal dashboards. Now, our entire research stack is in one place, natively integrated, and perfectly mapped to our live portfolio. It completely changed how we evaluate our positions.”

Managing PartnerCrypto Fund

“Seeing derivative flows, funding rates, and liquidity levels directly alongside our active wallet positions changed how we manage downside risk. We don’t just look at isolated market data anymore; we see exactly how it impacts our specific holdings in real time.”

Portfolio ManagerProprietary Trading Firm

“The ability to have our entire analyst team working out of the same shared watchlists and project folders has eliminated the scattered research we used to share over chat. Everyone is finally looking at the same data, at the same time.”

Head of ResearchInstitutional Investment Firm

Managing PartnerCrypto Fund

Portfolio ManagerProprietary Trading Firm

Head of ResearchInstitutional Investment Firm

Frequently asked questions

Answers to common questions institutional teams ask when evaluating Seerian.

: Seerian aggregates and normalizes feeds from these providers and underlying indexers into one primary surface. Your team works across the coverage each provider makes available, alongside real-time cross-asset correlation and collaborative research tools, with refresh cadence varying by source. By consolidating these datasets natively, Seerian eliminates the operational friction and context switching of navigating disparate platforms, allowing analysts to focus entirely on execution.
: We aggregate from premium providers including Nansen, Arkham, CoinGlass, Dune, DefiLlama, CryptoRank, StakingRewards, Etherscan, DeBank, CoinGecko, CoinMarketCap, DEX Screener, and X. Refresh cadence varies by source and is detailed in our data documentation, provided during onboarding.
: CSV export is available across every table in the product today: screeners, portfolio views, watchlists, and research data. A dedicated REST API for enterprise customers is available on request.
: Seerian uses read-only API keys and public wallet addresses. We never have withdrawal or trading permissions.
: Passkeys, 2FA, and read-only exchange integrations, with role-based access and SSO on Enterprise. Our primary infrastructure is hosted in the EU, with authentication processed in the United States, and data is encrypted in transit and at rest. Our controls are aligned with the SOC 2 framework and an independent SOC 2 Type II audit is in progress. A full security overview, including our vendor subprocessors, is available on request.
: Yes. Seerian is built for organizations: roles, workspaces, shared research, org-level billing, and SSO are all included in enterprise plans.

Experience Seerian with your team

Schedule a 30-minute demonstration tailored to your organization's research and portfolio requirements.

Request a demo