Floodgate Fund is a venture capital firm that focuses on early stage investments in technology companies. It was founded in 2006 and is headquartered in Palo Alto, California.

Floodgate

Pantera Capital is an investment firm focused exclusively on Bitcoin, other digital currencies, and companies in the space. The company believes that Bitcoin has the potential to transform the way people use money and that it will do for payments what the Internet has done for communications and commerce. Until 2014, Pantera focused on global macro hedge fund investments. The firm was founded in 2003 by Dan Morehead, who was a chief financial officer and head of Macro Trading at Tiger Management. The firm has since shifted its investment advisory services to focus exclusively on Bitcoin, other digital currencies, and companies in the space. Shareholders include Benchmark, Fortress Investment Group, and Ribbit Capital.

Pantera Capital

The emergence of bitcoin and subsequent blockchain technologies has generated a new digital asset class in which scarcity is based on mathematical properties. Through cryptographic verification and game-theoretic equilibrium, blockchain-based digital assets can be created, issued, and transmitted using the software. Polychain Capital is committed to exceptional returns for investors through actively managed portfolios of these blockchain assets.

Polychain

MetaStable Capital

Bollinger Investment Group

Sequoia is a venture capital focused on energy, financial, enterprise, healthcare, internet, and mobile startups. The firm helps a small number of daring founders build legendary companies. It spurs them to push the boundaries of what’s possible. The firm seeks to invest in all sectors with a focus on energy, financials and financial services, healthcare and healthcare services, Internet, mobile, outsourcing, and technology.

Sequoia Capital

Atomico is an international investment firm that focuses on helping disruptive technology companies scale globally. It partners with technology founders at the Seed stage and beyond with a particular focus on Europe, leveraging deep operational experience to supercharge their growth. The company's team of founders, investors, and operational leaders have been responsible for global expansion, hiring, and marketing at companies from Skype, Google, and Twitter to Wise and Snowflake. It specializes in seed, startup, Series A, early venture, mid venture, late venture, emerging growth, and growth capital investments.   Atomico was founded in 2006 and is headquartered in London, England, with offices in Paris, Berlin, and Stockholm

Atomico

Intel Capital invests in innovative startups targeting cloud and AI infrastructure, edge, 5G, autonomy, cybersecurity, client & gaming, enterprise applications, silicon design and manufacturing, and a wide range of other disruptive technologies. Since 1991, Intel Capital has invested US$12.9 billion in more than 1,582 companies worldwide. Intel Capital has adopted the Diversity Term Sheet Rider.

Intel Capital

Collaborative Fund is an investment fund that provides funding to companies based on creativity and collaborative consumption. The fund centers around two macro themes which drives business innovation in the coming years: the growth of the creative class and the concept of collaborative consumption. Craig Shapiro founded it in New York in 2010.

Collaborative Fund

DCVC backs entrepreneurs using Deep Tech to solve problems and multiply the benefits of capitalism for everyone while reducing its cost. Deep Tech is a potent approach to this challenge that enables more for less - now and for this century. The transformative companies in their portfolio combine the latest advances in science and technology with unique computing and algorithmic advantage, reducing CAPEX and OPEX.

DCVC

Founders Fund is a venture capital firm that invests at every stage in companies building revolutionary technologies. It has been investors, founders, and early employees of prominent technology companies. It has historically invested in a wide variety of sectors, including aerospace, artificial intelligence, advanced computing, energy, health, and consumer Internet.

Founders Fund

Wing Venture Capital primarily invests in technology-based businesses. It emphasizes craftsmanship over volume and engages deeply with founders to help them build companies that matter. The body of work of Wing's team spans more than two decades and dozens of successful early-stage companies, 21 of which went on to achieve billion-dollar-plus outcomes following IPOs or acquisitions. Its portfolio companies include Cohesity, Gong, Instart Logic, Juvo, Moogsoft, Palerra, Shape Security, and Snowflake.

Wing Venture Capital

ConsenSys is an Ethereum software web3 company. ConsenSys enables developers, enterprises, and people worldwide to build next-generation applications, launch modern financial infrastructure, and access the decentralized web. ConsenSys' product suite, composed of Infura, Quorum, Truffle, Codefi, MetaMask, and Diligence, serves millions of users, supports billions of blockchain-based queries for its clients, and has handled billions of dollars in digital assets. Ethereum is a programmable blockchain in the world, business adoption, developer community, and DeFi activity. On this trusted, open-source foundation, ConsenSys is building the digital economy of tomorrow.

ConsenSys

BossaNova is the number one Brazilian Micro Venture Capital. We are the most active investor in the pre-seed stage in Latin America with more than 1200 investments in over 1000 Startups. We also invest in global companies, directly or through co-investment syndicates on AngelList.

Bossanova Investimentos

Multicoin Capital is a thesis-driven cryptofund that invests long term in tokens that reshape entire sectors of the global economy. It is on a mission to accelerate the transition from the centralized institutions of the industrial age to the decentralized institution of the internet age. By accelerating the transition from permissioned to permissionless financial systems, Multicoin aims to accelerate humanity’s ability to achieve its full potential. Multicoin Capital was established in 2017 and is based in Austin, Texas.

Multicoin Capital

Scalar Capital is a hedge fund company specializing in cryptoassets. Founded in 2017, the company is headquartered in San Francisco, California, United States.

Scalar Capital

Capitoria is a venture capital firm that was founded in 2017.

Capitoria

Semantic Ventures is a venture capital fund that invests in open markets and networks. It was founded in 2017 and is headquartered in London, England.

Semantic Ventures

Coinbase Ventures is an investment arm of Coinbase that aims to invest in seed-stage cryptocurrency and blockchain startups. The company was founded in 2018 and is based in San Francisco, California, United States.

Coinbase Ventures

Paradigm is a crypto-focused investment firm based in San Francisco. It invests in crypto-assets and businesses from idea formation through to maturity. They take a really hands-on approach to assisting projects in reaching their full potential, from technical mechanism design, smart contract security, engineering, through operational recruiting and regulatory strategy.

Paradigm

Founded by three former public company CEOs who have each been investors, operators and financial service industry pioneers, Communitas seeks to invest in and partner with some of the most exciting and impactful FinTech and marketplace companies. Communitas will also help democratize the world of venture capital through its crowd-syndication solution that will provide accredited investors, family offices and ultra-high net worth individuals a simple way to invest in these same companies on the same terms as their.

Communitas Capital Partners

Alameda Research is a quantitative cryptocurrency trading firm that provides liquidity in cryptocurrency and digital assets markets. It was founded in 2017 and is headquartered in Central and Western, Hong Kong.

Alameda Research

Three Arrows Capital is a hedge fund manager that provides risk-adjusted returns. The firm was established in 2012 by Su Zhu and Kyle Davies and is headquartered in Singapore, Central Region, Singapore.

Three Arrows Capital

IOSG Ventures is a pioneering crypto fund founded in 2017 that invests in the future of Web3. As a thesis-driven firm, we assist founders in developing community-driven protocols that are primed to transform the crypto landscape. Our portfolio comprises a wide range of innovative and high-potential investments, including ZKRU (Scroll, StarkWare, Arbitrum, zkSync), Security Auditing(Runtime Verification, Hexens), MEV (Flashbots, Blocknative), DeFi/NFT-Fi (1inch, MetaMask), FOG (Big Time, Illuvium), and a number of industry leaders including Arweave, Cosmos, Celestia, EigenLayer, Scroll, zkSync, Nil Foundation, and Mina, etc. We are passionate about investing in crypto-native paradigms that have the potential to transform the future of the industry, whether you’re building infra, middleware, security, gaming, or social platforms.

IOSG Ventures

Founded in 2001, Tiger Global Management, LLC (“Tiger Global”) is a New York-based investment firm pursuing a long-term approach to investing in leading, global public and private companies that leverage technological innovation. Tiger Global’s public equity business includes fundamentally oriented long/short, long-focused and crossover strategies, targeting investments in high-quality, public growth companies. The private equity business invests in early through late stage companies that pursue innovative approaches to new and existing industries, building on over 20 years of experience investing in hundreds of businesses in more than 30 countries with more than 90 portfolio company IPOs. With a strong track record investing across sectors and stages, Tiger Global aims to be a thought partner to companies and their management teams across their lifecycle in public and private markets. The Firm’s mission is to generate world-class returns for its investors and to do so in a way that makes its employees, partners and portfolio companies proud.

Tiger Global Management

Coatue is a privately owned hedge fund sponsor. The firm invests in the public equity markets globally focusing on investments in technology, media, and telecommunications in addition to other sectors. It employs a long or short strategy to make its investments.

Coatue

Greenoaks is a global internet investment firm. Greenoaks makes concentrated, long-term investments in technology-enabled businesses globally. Their objective is to work for decades with these laser-focused teams.

Greenoaks

StarkWare Industries

Disrupting the traditional financial system using blockchain

Decentralized Finance (DeFi)

dYdX is a decentralized exchange (governed by its native token DYDX) that offers perpetual, margin, and spot trading in a number of cryptocurrency markets via Ethereum smart contracts. The platform also offers borrowing and lending pools on the Ethereum blockchain. In August 2021, dYdX reportedly became the first perpetual decentralized exchange protocol to implement a layer-2 solution to allow traders to deposit funds and trade instantly without paying gas fees for every transaction. This was achieved through a strategic partnership with StarkWare, a blockchain scalability solutions provider. As of December 2021, the exchange was used by over 15,000 traders and had over USD 989 million in open interest.&nbsp;In May 2022, dYdX launched a mobile app of its platform on the Apple app store (which had over 200,000 people already signed up for the beta version of the platform ahead of the full launch). In June 2022, dYdX <a href="https://sp-edge.com/updates/11264?industryIds=64">announced that it would be moving away from Ethereum</a> to its own blockchain on the Cosmos Network. The migration, dubbed “V4” aims at fully decentralizing the protocol. dYdX leveraged the Cosmos software development kit (SDK) to decide the parameters of its own chain and create new tools such as an in-memory off-chain order book as well as a matching engine.&nbsp;In November 2023, dYdX open-sourced its code to mark the initiation of its v4 upgrade. The proposed upgrade was to transition the exchange from a layer 2 network built on the Ethereum blockchain to a standalone blockchain in the Cosmos ecosystem. Moreover, the platform also planned to make the exchange fully decentralized and community-operated.Funding and financials&nbsp;In June 2021, the exchange raised USD 65 million in a Series C led by Paradigm. It also received direct support from Kronos Research, MGNR, Menai Financial Group, QCP Capital, CMS Holdings, CMT Digital, Sixtant, and Finlink Capital as liquidity providers.&nbsp;

<div>
 
 Argent offers a DeFi smart wallet application built on Ethereum for users to buy, store, and send crypto, including the major DeFi coins. The company launched a Layer 2 version of its wallet in March 2022. Built on zkSync, an Ethereum-focused scaling solution, the new version will reportedly cut the fiscal and environmental cost of transactions made on its platform by reducing gas fees to a dollar and reducing carbon emissions by 95% per trade. Argent also offers an open-source, browser-based wallet named “Argent X” built on StarkNet, an alternative blockchain infrastructure.
 
 
 As of April 2022, Argent reported that its app had more than 500,000 sign-ups.
 
 
 In April 2022, Argent raised USD 40 million in a Series B funding led by Fabric Ventures and Metaplanet. The funds were earmarked to accelerate the company’s product development, which included adding functionality for crypto games, such as infrastructure for onboarding new players and signing in-game transactions. The remainder was to be used to build out Argent’s services in Latin America (starting in Mexico) and hire new employees across the legal, finance, and treasury management functions. Additionally, Argent planned to hire a research team focused on Layer 2 protocols.
 
</div>

<div>
 
 Based in the UAE, ZKX offers a decentralized exchange platform built on the Starkware blockchain for users to trade crypto derivatives. ZKX operates as a DAO and provides users with gamified leaderboards, a decentralized order book, swap liquidity mining architecture, a permissionless node network, and governance-enabled asset listing. Its open-source blockchain protocol, dubbed the “ZKX protocol,” is aimed at creating solutions for overreliance on oracles, difficulty in bootstrapping liquidity for new derivatives, and centralization of listing mechanisms. 
 
 
 The company also planned to provide users with easier mobile accessibility options and enable logins on the exchange through the Facebook or Gmail apps. As of July 2022, the decentralized exchange was in development and was expected to launch in Q4 2022.
 
 
 Funding and financials
 
 
 
 In July 2022, ZKX 
 <a href="https://sp-edge.com/updates/11657">
 raised USD 4.5 million
 </a>
 in seed funding from StarkWare, Alameda Research, Amber Group, Huobi, and Crypto.com, among others. The company earmarked the funds for developing its core offerings, which include the ZKX open-source protocol, DAO, and the ZKX ecosystem. The funding was to also support the company’s entry into emerging markets. 
 
</div>

<div>
 
 Braavos offers a self custodial wallet application built on Starknet for users to store and transfer their cryptocurrency assets and NFTs. Available as both an extension for web browsers and as a mobile app for iOS and Android devices, the solution combines the trusted execution environment capabilities of mobile devices with biometric identification to reportedly provide a similar level of security to hardware wallets. Braavos also provides a built-in crypto exchange, access to third-party dApps, and a “Transaction Explainer” that enables new users to understand transactions.
 
 
 
 
 In October 2022, the startup announced plans to launch a “forgot password” feature, multi-factor authentication, and DeFi features to enable users to earn yield from within the wallet.
 
 
 
 
 Funding and financials
 
 
 
 In October 2022, Braavos
 <a href="https://sp-edge.com/updates/14155">
 raised USD 10 million
 </a>
 in new funding led by Pantera Capital to invest in product R&D, marketing campaigns, and expanding its employee base. 
 
</div>

Founded in 2021 by crypto custody and cybersecurity industry veterans, Fordefi offers a multi-party computing (MPC) wallet platform and Web3 gateway that enables institutions to connect to dApps securely across a range of chains. Its products were designed in collaboration with partners such as Electric Capital, JumpCapital, DeFinance Capital, ARC, Combine, and NIMA Capital. The company has offices in New York and Tel Aviv, Israel. The company launched its MPC wallet, along with its Web3 gateway for crypto-native funds in November 2022, which the company claims were industry-firsts.Funding and financialsIn February 2024, Fordefi <a href="https://sp-edge.com/updates/26582">raised USD 10 million</a> in venture capital funding led by Electric Capital, to extend its institutional-focused wallet offering to retail-facing platforms such as exchanges and fintech platforms.

Brine Fi is a decentralized exchange that offers non-custodial cryptocurrency trading services. Built on the Starkware Ethereum scaling solution, the platform uses zero-knowledge-proof technology to enable user privacy and prevent frontrunning attacks. Furthermore, Brine Fi lets users trade without paying gas fees (in addition to the platform’s trading fee) and claim up to 50% of their referrals’ trading fees as a rebate. It also claims that its matching engine can support up to 600,000 transactions per second (TPS).Furthermore, the platform offers a feature that awards points to users every time they trade, swap, lend, borrow, or vote on the Ethereum Mainnet. These points (dubbed SALT points) can be redeemed for a number of rewards, such as NFTs, fee rebates, crypto assets, and merchandise.As of September 2023, the platform had already achieved monthly trading volumes of USD 300 million, with over 100,000 users from more than 20 countries on its waitlist.Funding and financialsIn September 2023, Brine Fi <a href="https://sp-edge.com/updates/21641">raised USD 16.5 million</a> in a Series A funding round led by Pantera Capital at a valuation of USD 100 million.

A decentralized version of the web powered by the blockchain

Web3 Ecosystem

Based in Canada, Figment offers node-as-a-service through its DataHub platform, which allows developers to connect and deploy dApps on blockchains such as Ethereum, Solana, Polkadot, and Polygon using APIs. Figment also operates a network of proof-of-stake validators for token holders to stake tokens and participate in exchange for rewards. Figment also offers private nodes to enterprise clients for business applications.The company launched block explorer Hubble in 2019, which provides validators network statistics, staking tools, data, and governance functionality pertaining to a blockchain and its delegators. Figment has now discontinued this offering and will shut down by the end of 2022.Funding and financialsIn December 2021, Figment raised USD 110 million in Series C funding led by Thomas Bravo at a valuation of USD 1.4 billion. The company aimed to use the fresh funds for recruitment and business expansion.

Fordefi offers a multi-party computing (MPC) wallet platform and Web3 gateway that enables institutions to connect to dApps securely across various chains. The company also offers Wallet-as-a-Service (Waas), which allows developers to integrate a non-custodial wallet into their dApps. In addition, Fordefi offers DeFi trading and staking solutions and crypto treasury management services to institutional investors.Key customers and partnershipsIts notable customers include Theia, Liquibit Capital, Ouroboros Capital, Keyrock, and DeFiance Capital.The company reported that its products were designed in collaboration with partners such as Electric Capital, JumpCapital, DeFinance Capital, ARC, Combine, and NIMA Capital.Funding and financialsIn February 2024, Fordefi raised USD 10 million in <a href="https://sp-edge.com/updates/26599">venture capital</a> led by Electric Capital, to extend its institutional-focused wallet offering to retail-facing platforms such as exchanges and FinTech platforms.

New technology allows individuals and organizations to become carbon intelligent

Carbon Management Software

<div>
 
 France-based Carbonable marketplace allows businesses and individuals to trade carbon credits by initially purchasing non-fungible tokens (NFTs) on the company&rsquo;s platform. Carbonable is built on Starkware, an Israeli blockchain software provider, to track the carbon credit lifecycle from the initial selection of biodiversity projects to the retirement of NFTs.&nbsp;
 
 
 Key customers and partnerships
 
 
 The company sold two projects in South Africa in 2022 and another in Africa at the start of 2023. Carbonable worked on launching projects in Europe, Asia, and South America. Carbonable&rsquo;s client base spreads across varied industries ranging from cosmetics and pharmaceuticals to media, consulting, and Web3.&nbsp;&nbsp;
 
 
 Funding and financials&nbsp;
 
 
 In March 2023, Carbonable raised 
 <a href="https://yqqqphhcg2hvaaua-test001.pj-initial.net/updates/17177">
 USD 1.2 million
 </a>
 in a seed funding round led by Ethereal Ventures. The company used the proceeds to further develop its Ethereum-based platform. Part of the funds were also used to fund team expansion activities.
 
</div>

X10 operates as a hybrid crypto exchange provider.

Usual Labs operates as a decentralized finance(DeFi) protocol.

Universal Verification Layer for Ethereum using Eigenlayer

Bitlayer is the first Bitcoin second-layer network, based on BitVM, offering ultra-scalability and L1 security, aiming to be Bitcoin's computing layer.

Espresso Systems provides scaling and privacy systems for Web 3 applications. The company specializes in the emerging blockchain field of ''shared sequencing'', where sequencers are responsible for verifying and batching transactions made on layer-2 blockchains and then sending them back to a layer-1 chain like Ethereum to be settled.

Utila is an institutional crypto operations platform enabling organizations of all sizes to manage their digital assets securely. We simplify digital asset management and day-to-day crypto operations for institutions without compromising security or usability. We offer a secure, non-custodial, chain-agnostic, enterprise-grade wallet platform powered by MPC key management for ultimate security and a robust transaction policy engine for granular control. With our institutional MPC wallet, institutional investors, trading firms, and Web3 builders can efficiently manage crypto assets across multiple blockchains, wallets and users on a single platform without any complexity. Additionally, developers can leverage our API to build custom offerings on top of our secured multi-chain wallet infrastructure. Trusted by industry leaders like Fasanara, Starkware and Psalion, Utila has secured over $3 Billion in transaction volume within a few months and is growing rapidly.  Our mission is to make enterprise-grade wallets more accessible, secure and usable.

QED is the world's first zk-Native blockchain protocol, built to scale trustless computation and privacy for the next generation of the internet.

Taproot Wizards is a Bitcoin Ordinals project dedicated to expanding Bitcoin's potential.

Ingonyama envisions a future in which ZKP hardware is embedded in everything from huge organizations' data centers to mobile phones, blockchain nodes to gaming machines, and cloud instances to IoT devices. The gear we create is critical to enabling this future. Their objective is to lead the pack by laying the groundwork for applications demanding Zero Knowledge Proof performance to be built at a faster and larger scale.

Gasless | Instant Multi-Chain | Secure Trustless.

Giza changes this by using zero-knowledge cryptography to bring model inferencing on-chain, unlocking a new depth for smart contract design.

What if DeFi fought climate change by rewilding Planet Earth ? It does.  Our nature-backed NFTs enable decarbonization projects and real-life impacts while providing you with daily/ongoing financial rewards.

Nil Foundation facilitates and supports research in database management systems and applied cryptography.

Layerswap handles millions of dollars in transactions every day across multiple networks. We ensure quick, reliable, and affordable crypto transfers, giving the freedom to move crypto anywhere.

The MPC wallet platform and Web3 gateway from Fordefi enables institutions to connect to dApps across multiple chains while keeping digital assets secure. Fordefi is the first institutional MPC wallet and security platform designed for decentralised finance. It provides MPC key management, self-service DeFi policy controls, time-of-transaction smart contract insights, transaction simulation, and risk alerts.

Braavos is a smart contract based wallet for managing your funds & NFTs and connecting to dApps.

MatchboxDAO is hosting its first virtual Hackathon for building tools on Starknet.

ZKX is the first StarkNet-based perpetual futures exchange to offer complex financial instruments as swaps. It is developing a strong set of decentralized solutions, including a proprietary derivatives exchange, modular DAO software, and developer tools based on zero-knowledge technology. The company was founded in 2021.

Argent is the most simple and secure smart wallet for crypto. It does everything you'd expect from a bank (and more). Without the bank. Earn interest and invest; borrow, store and send. Access DeFi and Dapps in a few taps.  Argent was founded in 2017 and is headquartered in London.

Parallel Finance is a decentralized finance (DeFi) protocol that offers lending and staking services. The company was founded by Yubo Ruan in 2021 and is headquartered in San Francisco, California, United States.

zkLend is an L2 money-market protocol built on StarkNet, combining zk-rollup scalability, superior transaction speed, and cost-savings with Ethereum’s security.

Figment is Canada’s largest blockchain infrastructure and software provider. Our mission is to make it simple for token holders and developers to use, build and govern blockchains. We do this by providing a comprehensive set of tools & services including our enterprise-grade node and staking infrastructure, the Hubble Web 3 explorer, and DataHub developer APIs. With Figment you can discover and build the next killer blockchain based decentralized application.

Snapshot Labs is an off-chain gasless multi-governance tool for crypto projects to poll their user bases. Snapshot used by several companies in the DeFi space to help survey users.

XMTP is an open, crypto-native communication protocol that connects communities, applications, and users. It was founded in 2021 and is based in Austin, Texas.

dYdX is a leading decentralized exchange built by developers on a mission to build open, secure, and powerful financial products. dYdX runs on audited smart contracts on Ethereum, which eliminates the need to trust a central exchange while trading. We combine the security and transparency of a decentralized exchange, with the speed and usability of a centralized exchange. Founded back in 2017 from ex-Coinbase and Uber engineer, Antonio Juliano, dYdX is a leading decentralized exchange offering Perpetual, Margin, & Spot trading, as well as borrow / lend pools on Ethereum. Users can earn interest or take loans for a nominal fee as well as trade on margin with custom leverage. Trade your crypto, the safe and secure way, with dYdX

DeversiFi gives traders the edge in fast-moving decentralized finance (Defi) markets by allowing them to trade at lightning speed and with deep aggregated liquidity, directly from their privately owned cryptocurrency wallet. Traders can take advantage of more trading opportunities while always preserving control of their assets when they need to move fast. DeversiFi’s order-books are off-chain, but settlement occurs on the Ethereum blockchain. This means that traders benefit from fast-moving order books and instant execution, without having to trust the exchange and whilst always maintaining control of their assets at all times.

Efficient Frontier is a cryptocurrency algorithmic trading firm and liquidity provider trading over $1 Billion a week.  With over 13 years of high frequency trading experience, we research and develop quantitative strategies and market make for many leading cryptocurrency exchanges and digital asset issuers. Since entering the digital asset industry, we have built some of the most sophisticated trading infrastructure in this ecosystem for electronic trading and execution in both spot and derivatives markets.  Alongside our industry-leading partners, we have rapidly expanded our team and services and now work from two global hubs: Tel Aviv and San Francisco.

StarkWare Industries uses Stark technology to develop a full proof stack in generating and verifying proofs of computational integrity. It was founded in 2018 and is headquartered in Netanya, HaMerkaz, Israel.

<div>Based in Israel, StarkWare Industries provides infrastructure solutions that address the scalability issues of the Ethereum blockchain. The company offers two platforms: 1) StarkEx, a scaling engine for Ethereum, and 2) StarkNet, blockchain infrastructure for building decentralized applications. The company’s solutions work together to cut transaction costs by reducing the amount of information sent to the Ethereum blockchain. This results in faster transactions due to the reduction of blockchain congestion. </div>

Based in Israel, StarkWare Industries provides infrastructure solutions that address the scalability issues of the Ethereum blockchain via two platforms–StarkEx and StarkNet. These platforms use STARK (Scalable Transparent Arguments of Knowledge) proof technology and support a number of use cases including NFT minting, contract trading, automated market making, spot trading, payments, and DeFi pooling.

Starkware

<div>
 
 Based in Israel, StarkWare Industries provides infrastructure solutions that address the scalability issues of the Ethereum blockchain. The company offers two platforms: 1) StarkEx, a scaling engine for Ethereum, and 2) StarkNet, blockchain infrastructure for building decentralized applications. The company’s solutions work together to cut transaction costs by reducing the amount of information sent to the Ethereum blockchain. This results in faster transactions due to the reduction of blockchain congestion. 
 
 
 This technology supports a number of use cases including NFT minting, derivative trading, automated market making, spot trading, payments, and DeFi pooling. As of May 2022, the platform was used to mint over 52 million NFTs. The company also planned to decentralize StarkWare but has not disclosed whether the process would involve a token. 
 
 
 Funding and financials
 
 
 In May 2022, StarkWare Industries raised USD 100 million in Series D funding led by Greenoaks Capital and Coatue at a valuation of USD 8 billion. The company earmarked the funds for product and business development, engineering, and growing its peripheral ecosystem.
 
</div>

<div>
 
 MakerDAO is a DAO (governed through the MKR token) that manages the Maker Protocol.&nbsp;
 
 
 Developed on the Ethereum blockchain, the Maker Protocol allows users to place their funds (through cryptocurrency) as collateral in exchange for its stablecoin DAI, which is pegged to the USD. DAI can be used like any other cryptocurrency and even as savings since holders of DAI are entitled to a return based on the DAI Savings Rate (DSR). The DSR is determined by members of the DAO using a mix of public and proprietary market data. In October 2022, MakerDAO 
 <a href="https://sp-edge.com/updates/14067">
 passed a proposal
 </a>
 to separate its DAO into multiple self-sustaining units called MetaDAOs. These DAOs will be separate from Maker&rsquo;s broader governance system and will have their own community and token.
 
 
 MakerDAO offers access to investing and borrowing DAI through the Oasis app, developed by some of the creators of Maker Protocol. In addition, the Maker Protocol is available for developers of DeFi apps, who can build apps to facilitate earning, investing, and borrowing DAI. As of December 2021, the Maker Protocol integrated with over 400 applications, ranging from payments systems to gaming platforms. MakerDAO generates revenue through stability fees (akin to interest payment on borrowed DAI) and liquidation fees, which is an additional charge that occurs when the value of the submitted collateral falls below a set liquidation amount. 
 
 
 In April 2022, MakerDAO announced that it was bridging to StarkNet, a reportedly cheaper and faster zero-knowledge (ZK) overlay chain built by StarkWare. Along with its expansion on Ethereum, the DAO plans to move toward a multi-chain offering with this rebuild. It plans to roll-out this offering in 4 phases, beginning with a simple bridge between the main blockchain and StarkNet&rsquo;s Layer 2. &nbsp;
 
 
 In February 2023, the company 
 <a href="https://sp-edge.com/updates/16269?industryIds=64">
 launched a new lending platform
 </a>
 named Spark Protocol, to enable users to borrow, lend, and stake DAI, the protocol&rsquo;s stablecoin. The platform, which is a fork of Aave's version 3 (v3), will be built by Phoenix Labs, a research and development company formed by the DAO. Additionally, the company also announced deployment of etherDAI, a liquid staking derivative for Ethereum that will be pegged to the value of ETH. Furthermore, in March, MakerDAO went on to
 <a href="https://sp-edge.com/updates/17322">
 approve a number of new proposals 
 </a>
 that make changes to both its governance structure and the investment of its treasury. These changes divide the DAO&rsquo;s current structure into smaller self-governed and self-sustained units named SubDAOs, which will also have their own tokens in the MakerDAO ecosystem. Moreover, the proposal also planned to increase the protocol&rsquo;s revenues by investing a part of its reserves (worth USD 7 billion) into real-world assets and money-market funds. 
 
 
 Funding and financials 
 
 
 As of April 2022, MakerDAO had around USD 13.7 billion in total value locked (TVL).The company&rsquo;s most recent funding round was in April 2020 for an undisclosed sum. Previously, the company raised USD 27.5 million through the sale of its MKR token to Dragonfly Partners and Paragon to expand its operations to Asia. 
 
 
 
</div>

MakerDAO

<div>
 
 Founded by former executives of Qualcomm, Solana Labs is the developer of the Solana blockchain, which uses the native cryptocurrency SOL. The company enables developers to create decentralized applications in its blockchain and is capable of carrying out 50,000 transactions per second (TPS) with a theoretical upper limit of 710,000 TPS for the architecture. As of December 2021, the blockchain averaged around 2,500 TPS. This is in contrast to Ethereum’s average of between 13 to 15 TPS. In addition to transaction speed, Solana also has other advantages such as lower transaction fees and improved scalability, given the differences in its consensus mechanism and underlying architecture.
 
 
 As of December 2021, more than 400 projects were created using Solana, ranging across use cases such as DeFi, NFTs, and gaming.
 
 
 Key customers and partnerships
 
 
 In June 2022, Solana partnered with Edgevana, an edge colocation services provider, to deploy 500 bare metal servers in 32 of Edgevana's data center and colocation facilities across the globe. This enables validators to leverage Edgevana's product offering to increase the speed of setting up. 
 
 
 Funding and financials
 
 
 Total value locked (TVL) in DeFi projects across the Solana blockchain amounted to USD 6.4 billion as of April 2022. The company raised USD 314 million through an initial coin offering (ICO) of SOL. The ICO was co-led by Polychain Capital and Andreessen Horowitz. The funding was to be used to create a venture investing arm, a trading desk, and support the development of new applications in its blockchain.
 
</div>

Solana

<div>
 
 Swiss-based Eidoo is a developer of a wallet that supports cryptocurrencies such as Bitcoin and Ethereum, along with tokens such as DAI, MKR, AAVE, and UNI, among others. In addition, Eidoo provides a DeFi marketplace that integrates with its wallet, allowing users to trade any tokens that they hold. Eidoo also offers a debit card that allows the conversion of digital assets into fiat currencies, such as the GBP and EURO, and spending or even withdrawing cash from ATMs.
 
 
 Eidoo began with the proprietary token EDO, which it also used to raise USD 27.9 million in an initial coin offering (ICO) in 2017. The token was then upgraded following its merger with blockchain oracle provider Provable Things to establish pNetwork, the infrastructure that facilitates cross-chain interactions between multiple decentralized apps, governed by the token PNT. To obtain an Eidoo debit card, users are required to stake PNT ranging from 20 to 200,000 for various service tiers.
 
 
 Eidoo had several applications such as virtual account numbers to deposit money and obtain a tokenized representation of their deposit as well as features to buy, hold, and trade NFTs in the roadmap as of December 2021.
 
</div>

Eidoo

Synthetix is a DAO (governed by holders of its native token SNX) that offers a platform on which users can trade and vote on the creation of on-chain synthetic assets, which are derivatives based on real-world assets. These synthetic assets enable traders to capture the price movements of assets such as cryptocurrencies, fiat currencies, stocks, and commodities, among others, with zero slippage. The protocol allows users to stake SNX as collateral for the debt pool and earn weekly rewards. As of April 2022, Synthetix had USD 642 million in total value locked (TVL).Additionally, Synthetix also offers the opportunity for developers to build on top of the platform to tap into its liquidity as well as develop decentralized perpetual futures, options markets, deal coordination markets, and more. As of December 2021, the protocol served large DeFi platforms including 1inch, Curve Finance, Yearn Finance, and Paraswap.In February 2023, Synthetix <a href="https://sp-edge.com/updates/16609?industryIds=64">deployed version 3 (v3) of its platform </a>on the Ethereum mainnet. V3 reportedly offers more efficient architecture that enables developers to create products that offer a liquid market for any financial derivative, as well as more complex decentralized applications. Additionally, the solution also offers staking and differentiated debt pools, to enable stakers to earn fees from supplying collateral to specific asset pools. The company went on to deploy its protocol on Base, an Ethereum Layer-2 blockchain developed by Coinbase, in April 2024. Moreover, the company announced plans to launch a new perpetual futures exchange named Infinex in the following months. Funding and financialsIn March 2023, Synthetix <a href="https://sp-edge.com/updates/17267">received an investment of USD 20 million </a>from DWF Labs, a Web3 venture capital company. Synthetix plans to use this investment to drive volume for its protocol across both centralized and decentralized exchanges and invest in product development.

Synthetix

<div>
 
 Compound is an open-source lending protocol built on Ethereum that allows developers to build DeFi applications for functions such as deposits and lending. Compound offers adjusted money market interest rates based on asset-specific supply and demand and supports a number of Ethereum-based assets for users to take collateralized loans and lock-up assets without borrowing. Locked assets are automatically liquidated if an independent oracle determines that the price has dropped too low. Additionally, since assets are stored in a shared pool, even users with liquidated collateral can claim tokens if they are able to repay the general pool. Compound also 
 <a href="https://sp-edge.com/updates/13038">
 offers borrowing services
 </a>
 for institutional clients that allow them to borrow USD or USDC at a fixed annual percentage rate of 6% using cryptocurrencies such as Bitcoin or Ether as collateral, with a loan-to-value of 90%.
 
 
 
 
 As of April 2022, Compound has a total value locked (TVL) of USD 2.1 billion. The protocol is governed by its native-token COMP, which along with a variety of other digital assets that are a part of the Compound ecosystem, are supported by Coinbase Custody, a crypto asset custodian. In August 2022, Compound launched a version of its protocol named “Compound III” which features a single borrowable asset. Users can supply collateral that can never be withdrawn by other users (except during liquidation) and borrow USDC.
 
 
 
 
 In May 2022, Compound
 <a href="https://sp-edge.com/updates/10267">
 received a B- credit rating from S&P Global Ratings
 </a>
 on its enterprise credit facility which offers 4% annually on deposits of the stablecoin USDC. Notably, Compound claims that this is the first time an "institutional DeFi" product has been scored by a major credit rating agency.
 
 
 
 
 Funding and financials
 
 
 
 
 Compound’s last funding round was in November 2019 where it raised USD 25 million in a Series A led by Andreessen Horowitz’s a16z crypto fund to help the company further decentralize the protocol by enabling crypto exchanges and custodians such as Coinbase to maintain the protocol going forward.
 
 
 
</div>

Compound

All companies within this industry are either blockchain-based platforms or offer blockchain-centric services

Promotes financial inclusivity, allowing those that won't traditionally have access to credit to raise funds

Companies with the infrastructure segment offer solutions for users to build decentralized applications

Blockchains and related protocols that allow developers to build DeFi apps

Based in Israel, StarkWare Industries provides infrastructure solutions that address the scalability issues of the Ethereum blockchain via two platforms–StarkEx and StarkNet. These platforms use STARK (Scalable Transparent Arguments of Knowledge) proof technology and support a number of use cases including NFT minting, contract trading, automated market making, spot trading, payments, and DeFi pooling.StarkEx is a customizable app-specific scaling engine run on a cloud. It is a compression service that bundles and validates transactions with a cryptographic computation, which is sent in a STARK proof to the Ethereum blockchain for finality.StarkNet, launched in February 2022, is a permissionless decentralized ZK-rollup solution that works on top of the Ethereum blockchain. It allows developers to scale dApps by bundling transactions and producing STARK proofs off-chain and verifying the proofs on-chain in Ethereum. The company also reported that StarkEx dApps can migrate to StarkNet if developers choose to.Key customers and partnershipsIn February 2024, the company launched <a href="https://sp-edge.com/updates/26480">Cairo Verifier</a>, a system that enables the verification of cryptographic proofs on its Layer-2 network, Starknet, in partnership with Herodotus. In the same month, it partnered with <a href="https://sp-edge.com/companies/786111">Polygon</a> to develop and implement a new cryptographic proof system called <a href="https://sp-edge.com/updates/26924">Circle STARKs</a>, aimed at improving the rollup proving process on Ethereum.Funding and financialsStarkWare Industries raised USD 100 million in Series D funding in May 2022, co-led by Greenoaks Capital and Coatue, at a valuation of USD 8 billion. The company aimed to utilize the fresh funds for product and business development, engineering, and to grow its ecosystem.

NEAR Protocol is an open-source layer-1 blockchain launched in October 2020. The blockchain uses a proof-of-stake consensus mechanism to validate transactions while incorporating sharding technology to improve scalability. Its native token is NEAR, which can be used to pay for transactions and storage on the blockchain, while also allowing token holders to participate in the platform’s governance process.NEAR allows users to sign up for a wallet (account) using unique human-readable names (e.g., johndoe.near, in comparison to cryptographic and randomly generated private keys, which is a characteristic of chains such as Ethereum), which in turn enables easy sign-ins for dApps for users and improves the overall usability of the blockchain. The platform also allows developers to prepay gas fees for first-time users, allowing the latter to interact with a dApp for free. NEAR also offers the Rainbow Bridge, which allows users to transfer ERC-20 and NEAR tokens or any other digital asset between the Ethereum and NEAR blockchain. In addition, the platform provides tools such as SDKs, CLIs, and APIs for developers to create dApps on its blockchain. In addition, NEAR allocates 30% of the transaction fees to developers to encourage them to build applications on its platform, with the remainder being burnt.As of July 2022, NEAR had 100 validators on its blockchain, which it expected to increase in proportion to the number of transactions. The platform uses an auction system to select and determine the seat price for its validators every epoch (time interval of 12 hours). The platform claims to be able to scale infinitely by adding more validators owing to its underlying architecture.Key customers and partnershipsIn June 2021, NEAR joined ICON’s Blockchain Transmission Protocol (BTP), which seeks to improve cross-chain communication. The partnership allowed data to be transferred between the NEAR blockchain and other BTP partners such as Polkadot and Harmon. Moreover, NEAR partnered with <a href="https://sp-edge.com/updates/23393">Nym Technologies </a>to integrate end-to-end encryption and privacy safeguards into the NEAR blockchain ecosystem.In addition, NEAR partnered with Ardana, a stablecoin and decentralized exchange (DEX) liquidity pool built on the Cardano blockchain in November 2021, to build a bridge to support integrations and token transfers between the NEAR and Cardano blockchains. It had also planned to enable cross-chain smart contract functionality and allow the NEAR token to be used as collateral on Ardana to mint stablecoins in the future.Funding and financialsIn April 2022, NEAR raised USD 350 million in a private equity round led by Tiger Global. The funds were geared toward improving the adoption of the blockchain by increasing the number of its regional hubs in key communities such as Latin America, Turkey, and India.

NEAR Protocol

<div>
 
 Ava Labs develops the open-source layer-1 blockchain, Avalanche. The Avalanche network architecture contains three separate blockchains in order to address the decentralization, security, and scalability limitations of blockchains. These include 1) the Exchange Chain (X-Chain), which is the default blockchain on which assets are created and exchanged and also includes Avalanche&rsquo;s native token&ndash;AVAX; 2) the Contract Chain (C-Chain)&mdash;which is based on the Ethereum Virtual Machine (EVM)&mdash;allows for the creation and execution of smart contracts with cross-chain interoperability; and 3) the Platform Chain (P-Chain), which coordinates validators and enables the creation and management of subnets (a sovereign network that defines its own rules for membership and tokenomic). Avalanche uses a proof-of-stake consensus mechanism and is able to execute 4,500 transactions per second. As of December 2022, ~1,000 projects were built on Avalanche, including DeFi projects like Tether, SushiSwap, Chainlink, and Circle. As of the same date, the network processed on average two million daily transactions and was secured by more than 1,200 validators.&nbsp;
 
 
 
 Ava Labs launched Core, a dedicated non-custodial crypto wallet for AVAX as a browser extension, through which users are able to browse dApps on the Avalanche blockchain. In April 2023, the company announced plans to launch &ldquo;
 <a href="https://sp-edge.com/updates/17583">
 Evergreen Subnets
 </a>
 ,&rdquo;&nbsp; a suite of blockchain deployments, tooling, and customization services specifically designed for financial institutions to run their own private, permissioned chains with approved parties. In addition, financial institutions will be able to communicate and transfer data with other subnets through Avalanche&rsquo;s native communication protocol Avalanche Warp Messaging (AWM) without relying on any third parties. It also launched 
 <a href="https://sp-edge.com/updates/18842">
 AvaCloud
 </a>
 in May 2023, a no-code Web3 launchpad that assists businesses in building fully managed blockchain ecosystems. AvaCloud consists of four main components: an automated blockchain builder, managed validators, comprehensive data tools, and chain interoperability within Avalanche subnets.
 
 
 Key customers and partnership
 
 
 Avalanche has partnered with several cloud services providers to improve its network such as 
 <a href="https://sp-edge.com/updates/15079">
 Alibaba Cloud
 </a>
 (December 2022) to improve its infrastructure and support for its validators. Users of the Avalanche blockchain can launch new validator nodes using Alibaba Cloud&rsquo;s plug-and-play infrastructure-as-a-service (IaaS), while dApp developers can use the latter&rsquo;s storage and computing resources for the efficient running of their dApps. It also collaborated with 
 <a href="https://sp-edge.com/updates/15640?industryIds=144">
 AWS
 </a>
 (January 2022) to scale and improve blockchain adoption and support its dApp ecosystem, while also enabling one-click node deployments through the AWS marketplace. 
 
 
 Funding and financials
 
 
 In September 2021, Ava Labs raised USD 230 million in a private sale of AVAX tokens, co-led by Polychain and Three Arrows Capital, with the funds geared toward supporting the Avalanche ecosystem.
 
</div>

Ava Labs

Based in Australia, Immutable is a developer of blockchain-based video games and a provider of a Web3 game development platform. The company develops and publishes its games through Immutable Game Studio, and released its first game, Gods Unchained, in March 2021. The game is a NFT strategy card game, and had ~80,000 active players as of January 2022. It also claimed that over USD 25 million of Gods Unchained digital assets have been traded as of the same date. In February 2024, the company launched the mobile version of Gods Unchained, available on Google Play and Apple App Store.Its Web3 game development platform, Immutable X, provides a SDK that offers APIs and smart contracts to allow developers to leverage ready-made Web3 infrastructure to quickly build and deploy blockchain-based games. These include an onboarding solution (non-custodial wallet) called <a href="https://sp-edge.com/updates/16041">Passport </a>, transaction infrastructure, and NFT minting tools. The platform also consists of a developer hub which allows developers to launch and manage their projects in one-place and obtain related performance analytics.In addition, Immutable X also acts as a layer-2 scaling solution on the Ethereum blockchain. It uses <a href="https://sp-edge.com/companies/607497">StarkWare's </a>StarkEx roll-up technology and can process 9,000 transactions per second, with zero gas fees, while claiming to be carbon-neutral. Its native token IMX can be used to pay for transactions as well as stake and govern the network. Notable companies building on Immutable X include GameStop, TikTok, OpenSea, Ember Sword, Illuvium, GreenPark Sports, and Vee Friends (Gary Vee).Key customers and partnershipsImmutable partnered with Stepico, a video game developer to create Guild of Guardians, an action role-playing game. Stepico will develop the game, while Immutable will be responsible for publishing. The game was open for pre-registration, with over 150,000 users already signed up as of August 2022. The company also partnered with several game developers, such as Turner Sports and Kongregate, to build Web3 games on the Immutable X platform.The company collaborated with <a href="https://sp-edge.com/companies/786111">Polygon</a> to launch its <a href="https://sp-edge.com/updates/24881">zero-knowledge Ethereum Virtual Machine</a> (zkEVM) scaling solution to bypass the scaling limitations of the Ethereum blockchain and promote Web3 gaming. The network developers to completely abstract transaction fees that allow a frictionless player onboarding and improved user experience. Furthermore, Immutable partnered with <a href="https://sp-edge.com/updates/22566">Amazon Web Services (AWS)</a> to develop infrastructure solutions to assist companies in developing and scaling blockchain-based games, and <a href="https://sp-edge.com/updates/24637">Amazon Prime Gaming</a> to list in-game content for Gods Unchained in the latter’s platform. This partnership also aimed to introduce the game to a broader audience circle through Amazon's platform, which boasts over 200 million Prime Gaming members. It also collaborated with <a href="https://sp-edge.com/updates/25892">Axelar</a> to integrate games built on Immutable's zkEVM into the Axelar network to enhance user onboarding across blockchain.Funding and financialsIn March 2022, Immutable raised USD 200 million in a Series C funding round led by the Singapore state investment fund Temasek at a valuation of USD 2.5 billion. The company planned to use the funds for its gaming studio improvements, geographic expansion, and potential mergers and acquisitions. Immutable also planned to hire 200 new employees.

Immutable

Mythical Games is a video game studio building games based on blockchain technology, playable NFTs, and play-to-earn game economies. The company was developing two games—NFL Rivals and Blankos Block Party.Blankos Block Party is the company’s flagship game, launched in June 2022 as an early access edition for PCs only. The game is an open-world multiplayer game with a focus on custom art and design, building, and exploration. It is free to play, with the option for purchasable in-game cosmetics, accessories, and limited edition Blankos (NFT character).In May 2022, NFL and the NFL Players Association partnered with Mythical Games to develop an NFT-based video game NFL Rivals. The game was launched in 2023, with players taking part in arcade-style gameplay, assuming the role of NLF general manager. They can collect and trade players represented as NFTs on the secondary market via the iOS and Android apps, as well as Mythical’s web-based marketplace. In addition, a unique feature of the game is the “squad system,” which enables players to team up with fellow players to compete with others.Mythical Games also enables other game developers and publishers to build or integrate blockchain-based play-to-earn economies into their games through The Mythical Platform. The platform also includes built-in regulatory KYC/AML compliance and indemnity as well as a verified wallet for transacting both real and cryptocurrencies. Further, the company also offers a marketplace that enables users to sell and trade their digital assets.The Mythical Platform is built on an EVM-compatible sidechain Mythical Chain, which uses a proof-of-authority consensus mechanism to validate transactions. The chain also offers interoperability features, allowing players to transfer and trade NFTs across multiple blockchains. It also claims the minting of NFTs and integrating the marketplace over its platform does not require mining.It acquired <a href="https://sp-edge.com/updates/15966">DMarket </a>–a digital gaming asset marketplace–in January 2023, and utilized its technology to launch an improved version of its own marketplace (Mythical Marketplace 2.0), with features such as a blended payment gateway and AML and fraud protection systems.Key customers and partnershipsAs of June 2023, the company reported to have achieved daily gross sales exceeding USD 1 million and gained more than 2.5 million new users over the past year. Moreover, it expects to reach over 20 million player accounts across its entire game portfolio by the end of 2023, primarily propelled by NFL Rivals and the upcoming release of Nitro Nation World Tour.The Mythical Platform’s first developer partners were announced by the company in November 2021, which includes 1) CCG Games to create Epic Spell Wars: Magic Fight, a trading card game; 2) Creative Mobile to create Nitro Nation – World Tour, a racing game; and 3) Abstraction Games to create a new action strategy title. These were slated to be released in 2023.Funding and financialsIn November 2021, Mythical Games raised USD 150 million in a Series C round led by Andreessen Horowitz at a valuation of ~USD 1.3 billion. Additionally, it raised <a href="https://sp-edge.com/updates/19719">USD 37 million in a Series C1 </a>funding round led by Scytale Digital in June 2023, at a similar valuation. This funding round is expected to close later in 2023 and reach USD 57 million-67 million. It had planned to utilize the fresh funds toward initiatives that will drive profitability within the next year and expand its games and infrastructure to reach a larger audience.

Mythical Games

Storj Labs developed the Storj Decentralized Cloud Storage (DCS) network that works by compressing, encrypting, and splitting files into more than 80 smaller pieces to distribute and store them across a global network of individual storage nodes, which are excess hardware space rented out by individuals in return for a fee. Storj audits its network through random file verification every hour, which ensures its files are consistently being hosted by its nodes; it automatically reconstitutes the data when it is required by the user. The company claims to have more than 10,000 active nodes with over 6 petabytes of available storage capacity spread across the world, as of August 2022. It uses its native token STORJ, which is used by customers to pay for providers of decentralized storage.Key customers and partnershipsStorj partnered with <a href="https://sp-edge.com/companies/792614">Matter Lab’s </a>zkSync Era ( <a href="https://sp-edge.com/updates/18986">in May 2023 </a>) to integrate the latter's zero-knowledge roll-up technology into its cloud storage platform to optimize transaction speed, reduce gas fees, and improve the overall efficiency of the payment process. Additionally, the partnership enables EVM-compatible composability for decentralized storage payments, providing customers with increased flexibility and a wider range of customization possibilities. As part of the development, Storj also had plans to develop and maintain two open-source libraries, Crypto-Batch-Payment and Storjscan, which will focus on creating a seamless onboarding experience for its customers on the zkSync Era network.

Storj

Includes companies that form the Web3 ecosystem

Web3 is based on blockchain tech, a key enabler of the industry

GenAI tools help develop smart contracts and query the blockchain for data

Providers of node-as-a-service and SDKs to build dApps operate under this model

Also known as layer-2 solutions, this includes providers of scaling solutions, such as sidechains, state channels, and rollups, which improve the speed and throughput of transactions occurring in layer-1 blockchain networks.

Starkware

Decentralized Finance (DeFi)

Key stats

Recent Updates

Polygon Labs and StarkWare partner to develop new cryptographic proof to enhance Ethereum's scalability

Herodotus and StarkWare unveil Cairo Verifier for Layer 2 verification

Starkware raises USD 100 million in Series D funding

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