Andalusia Labs Valuation, Funding & Investors

Axelar Network is a decentralized interoperability platform launched in 2020 that connects disparate blockchain ecosystems, applications, and users through a suite of protocols, tools, and APIs. Developers leverage it to enable cross-chain composability, liquidity transfer, and dApp functionality across Cosmos, EVM, and other chains from a single integration point.

Bitfury Group is an Amsterdam-headquartered full-stack blockchain company providing hardware and software infrastructure. It manufactures ASIC miners, develops the Exonum blockchain framework, and operates large-scale mining facilities in Georgia, Iceland, and Sweden. Founded in 2011, Bitfury serves governments and enterprises with secure asset transfer solutions.

Endless is a protocol simplifying Web2 to Web3 application migrations. It offers developers a comprehensive platform for building Web3 apps while delivering seamless user experiences comparable to Web2 interfaces.

Fasset is a Dubai-headquartered Islamic digital bank utilizing blockchain technology. It allows users worldwide to save, invest, send, and spend via a mobile app compliant with Sharia principles. Backed by investors like Liberty City Ventures and Fatima Gobi Ventures, Fasset launched in 2021 to serve Muslim communities globally.

Flying Tulip is a decentralized finance protocol founded by Andre Cronje, with integrated trading, lending and ftUSD products. Its native token is FT. Qualifying primary-allocation positions carry a perpetual PUT redemption right under the protocol’s terms.

Gauntlet is a Chicago-based risk management platform for DeFi protocols, blockchains, and on-chain treasuries. The company models economic incentives, simulates stress scenarios, and optimizes parameters like liquidation thresholds and borrow limits. Gauntlet serves clients including Aave, Compound, and major layer-1 networks to enhance capital efficiency and protocol resilience.

Injective Labs develops Injective, a layer-1 blockchain optimized for financial applications within the Cosmos ecosystem. Injective supports interoperability with Ethereum and Cosmos IBC, enabling developers to build decentralized exchanges, prediction markets, and lending protocols. The network processes over 25,000 transactions per second with sub-second finality and offers fee-free trading through its on-chain orderbook. Headquartered in Dubai, Injective Labs launched mainnet in 2021 and has secured partnerships with entities like Deutsche Telekom and Google Cloud for infrastructure. The platform hosts applications such as Helix DEX and DojoSwap, attracting more than $500 million in total value locked across DeFi protocols.

Mesh is a global payment network for cryptocurrencies founded in 2020. It interconnects exchanges, wallets, and payment providers to facilitate seamless digital asset transactions and conversions in a unified ecosystem.

Mocaverse is a web3 membership platform powered by Animoca Brands featuring NFT-based digital identities for gamers and creators. Hong Kong-headquartered, it integrates REPS points system across blockchain games and metaverses. Users access exclusive content, airdrops, and interoperability tools within the Animoca ecosystem including The Sandbox and Phantom Galaxies.

Mythical Games is a Sherman Oaks-headquartered studio publishing blockchain-enhanced video games like Blankos Block Party and NFL Rivals. Its Mythical Platform provides developers with Mythos Chain blockchain and MYTH token integration for true in-game asset ownership and secondary marketplaces. The company powers economies in titles across mobile, PC, and console with secure NFT transactions.

Opn is a Bangkok-headquartered fintech platform, rebranded from SYNQA in 2022, delivering payment processing, blockchain solutions, and digital transformation services across Asia since 2013. Powered by Omise, it supports thousands of merchants with gateways for cards, wallets, and bank transfers. Opn enables embedded finance for platforms in e-commerce and ride-hailing.

HashKey Holdings Ltd is an investment holding company, principally engaged in digital asset exchange custody, asset management, and related blockchain infrastructure services. The Group's business includes licensed digital asset trading platforms, brokerage services, custody solutions, asset management products, and technology services provided to institutional and professional clients. The company's business segments are: Transaction facilitation services, On-chain services, and Asset management services. It derived the majority of revenue from the Transaction facilitation services segment, covering digital asset exchange services, brokerage services, and custody services. Geographically, it derived the maximum revenue from Hong Kong.

OSL Group Ltd is an investment holding company. Along with its subsidiaries, the company operates an insured and SFC-licensed digital assets and blockchain platform business in the Asia-Pacific region, which mainly includes an OTC trading business to trade digital assets with corporate and individual customers, and the provision of automated digital assets trading services through its proprietary platforms. It provides a comprehensive range of services, including brokerage, custody, exchange, and SaaS. The group's platform caters to institutional, professional, and retail investors, facilitating them to manage their digital assets. Geographically, it operates in Hong Kong, Australia, Japan, Singapore, and Mainland China.

BitGo Holdings Inc provides various offerings to its clients including multi-signature blockchain wallet solutions allowing for secure storage, trade settlement, staking solutions, and lending of digital assets. The Company also provides professional services to develop smart contracts. Its clients range from crypto-native companies that use its self-custody wallet technology to traditional financial services firms that leverage its licensed custody, staking and trading capabilities within their own products and services.

Securitize Holdings Inc provides a platform for tokenized real-world assets specializing in tokenizing real-world assets (RWAs) like funds, equities, and fixed income on blockchain networks. The company operates across two primary verticals: i) Tokenization: It consists of on-chain infrastructure and tokenization & distribution, ii) Asset Servicing: It covers post-issuance transfer agent and fund management services. The majority of the company's revenue is derived from the Tokenization vertical.