World Valuation, Funding & Investors

LayerZero Labs develops an interoperability protocol for moving data and digital assets across independent blockchain networks. Its software lets asset issuers and application developers build services that communicate across chains without maintaining isolated messaging systems for every network pair. LayerZero uses immutable on-chain endpoints, configurable verification modules and permissionless execution infrastructure to deliver cross-chain messages. Its Omnichain Fungible Token standard allows issuers to deploy assets across multiple networks without fragmenting liquidity. The company also provides Console, an enterprise operating platform through which issuers can configure, manage, monitor and control multi-chain assets. LayerZero serves stablecoin issuers, financial protocols, application developers, wallets, exchanges and other blockchain organizations. Revenue is tied to commercial software, infrastructure services and usage of its cross-chain messaging and execution network.

Monad is the developer of a high-performance, EVM-compatible layer-1 blockchain of the same name. The company, formally Monad Labs, was founded in 2022 in New York City by former Jump Trading engineers led by Keone Hon, who brought experience in low-latency trading systems. Its protocol introduces parallel execution, superscalar pipelining and a custom database to process Ethereum smart contracts at far higher throughput than Ethereum while keeping full bytecode compatibility. The network targets payments, asset tokenization and onchain capital markets, and it is used by decentralized applications and developers building on the EVM. The project is supported by an ecosystem foundation, the Monad Foundation, and has backed early-stage crypto start-ups through investments in rounds such as Particle Network and Donut.

San Francisco-headquartered Phantom operates a multichain digital wallet supporting DeFi applications and NFTs primarily on Solana. Users access assets via browser extensions and mobile apps across Ethereum, Polygon, and Bitcoin networks.

Blockstream is a Bitcoin infrastructure provider founded in 2014 from Montreal, Canada. It develops the Liquid Network sidechain for confidential asset issuance and fast settlements. Blockstream Satellite beams the Bitcoin blockchain worldwide without internet reliance. Additional products include the Green Wallet for non-custodial storage and mining hardware solutions like Blockstream Mining Note.

Bullish is an institutionally focused global digital asset platform focused on providing market infrastructure and information services. Its objective is to provide mission critical products and services that are designed to help institutions grow their businesses, empower individual investors, and drive the adoption of stablecoins, digital assets, and blockchain technology. It expanded its product offering to provide trusted insights, authoritative news, data, indices and transparent analysis to the digital assets industry while facilitating partnerships, investment opportunities, and community engagement through its flagship Consensus conference.

Blockdaemon provides enterprise-grade blockchain infrastructure, managing nodes and payment rails across networks. Los Angeles-headquartered since 2017, it enables seamless chain switching, portability, and DevOps support for the developer ecosystem.

MoonPay is a London-headquartered financial technology company enabling fiat-to-crypto purchases worldwide. The non-custodial platform processes payments via credit cards, bank transfers, Apple Pay, and Google Pay for cryptocurrencies and NFTs. Supporting over 160 countries since its 2019 founding, MoonPay integrates with wallets like MetaMask and Phantom, powering onramps for exchanges and dApps.

Celestia Labs develops Celestia, a modular layer-one blockchain designed to separate consensus and data availability from application execution. Developers use the network as a base for deploying custom chains and rollups without requiring every application to share one execution environment. The company builds protocol software, data-availability infrastructure, and engineering tools intended to increase blockchain throughput while preserving verifiability. Its strategy also extends toward design and engineering support for organizations that need application-specific chains. Celestia uses data-availability sampling so light nodes can verify that block data was published without downloading every transaction. The company serves protocol developers, digital-asset applications, and enterprises, with commercial activity tied to network usage, infrastructure services, and engineering support around the Celestia ecosystem.

Immutable Systems is a Sydney-based blockchain infrastructure provider for gaming. It delivers layer-2 scaling solutions on Ethereum for NFT-based video games like Gods Unchained. The platform processes millions of transactions daily, enabling true asset ownership in titles from GameStop and others. Immutable supports studios with SDKs and gods unchained marketplace.

Wormhole is a cross-chain interoperability protocol connecting over 30 blockchains including Ethereum, Solana, Polygon, and Aptos. It enables secure transfers of native assets, NFTs, and arbitrary data through its Guardian validation network. Developers leverage Wormhole's SDK for building multi-chain DeFi protocols, gaming platforms, and governance systems. Launched in 2021 by Jump Trading Group, the platform integrates with wallets like Phantom and Ledger. Costa Rica-based Wormhole Technology maintains ongoing expansions to chains such as Sui and Sei.

Paxos is a United States blockchain infrastructure and financial-technology company founded in 2012 and headquartered in New York. The company provides regulated technology for tokenizing, custodying, trading and settling digital assets. Financial institutions and consumer platforms use its application interfaces and operational infrastructure to offer cryptocurrency brokerage, custody and stablecoin services to their own customers. Paxos has issued or supported regulated digital assets including Pax Dollar, Pax Gold, PayPal USD and Global Dollar. It earns fees from infrastructure, custody, issuance, brokerage and transaction services supplied to enterprise clients. At the time of Mercado Libre's investment, customers and partners included PayPal, Interactive Brokers, Bank of America and several global banks. Paxos also powered the Mercado Pago experience that let Brazilian users buy, hold and sell Bitcoin, Ether and the USDP stablecoin from their digital accounts.

Yuga Labs develops blockchain-based entertainment, digital-collectible and community products. The company launched the Bored Ape Yacht Club in 2021 as a collection of 10,000 non-fungible tokens that also function as membership assets for a holder community. Its portfolio includes the Mutant Ape Yacht Club, Bored Ape Kennel Club, TwelveFold and Otherside, a shared virtual-world and gaming platform. Yuga has also owned or managed intellectual property associated with CryptoPunks, Meebits and other collections acquired from third parties. The company helped launch ApeChain, a layer-two blockchain intended to support gaming, identity, culture and commerce across its ecosystem. It serves collectors, players, creators, tokenholders and consumer-brand partners through digital assets, interactive experiences and licensing programs. Its commercial activity is tied to digital-asset sales, intellectual-property licensing, branded collaborations and participation in its blockchain entertainment ecosystem.

1inch is a decentralized exchange aggregator operating across 10 blockchains including Ethereum, BNB Chain, Polygon, and Arbitrum. Headquartered in DIFC, UAE, and operated by Degensoft Ltd in BVI, it offers smart routing for optimal swaps, a non-custodial wallet, fusion mode for gasless trades, and institutional APIs for high-volume liquidity access.

Story Protocol is a web3 infrastructure layer for on-chain intellectual property management tailored to narrative universes in gaming, media, and entertainment. Creators deploy programmable licenses, track derivative works, and enforce royalties through Layer 2 solutions on Optimism. The protocol supports IP composability, enabling shared worlds where assets like characters and lore generate automated revenue shares. Introduced in 2023, Story Protocol secures partnerships with Animoca Brands and integrates with Unity for game development workflows.

Bitso is a Mexican financial services company built around a cryptocurrency exchange, founded in January 2014 by Daniel Vogel, Ben Peters and Pablo Gonzalez and headquartered in Mexico City. It lets customers buy, sell, hold and transfer cryptocurrencies against Mexican pesos, Argentine pesos, Colombian pesos, US dollars and Brazilian reais, and also offers payments, savings and stock investing. It has local operations in Argentina, Brazil, Colombia, the United States and Mexico. Spanish-language Wikipedia reports about 8 million users in December 2023, up from roughly one million at its Series B in December 2020. It raised USD 250 million in 2021 at a valuation of about USD 2.2 billion, and its own acquisitions are Unisend Mexico in 2015 and Quedex in 2021. Its Bitso Business unit serves companies with cross-border payments.

SharpLink Inc is one of those publicly traded companies to adopt ETH as its primary treasury reserve asset - a move that aligns the company with the future of digital capital and gives investors direct exposure to Ethereum, a smart-contract platform and a digital asset. The company is also a trusted marketing partner to sportsbooks and online casino gaming operators world-wide. Through its iGaming affiliate marketing network, SharpLink owns and operates a portfolio of direct-to-player, state-specific, affiliate marketing websites designed to attract, acquire and drive local sports betting and online casino gaming traffic to its valued partners which are licensed to operate in each respective state.

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.

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.