Yuga Labs Valuation, Funding & Investors

Bitpanda is a Vienna-based digital asset platform founded in 2014 that allows trading of over 600 cryptocurrencies, fractional stocks from NYSE and NASDAQ, and precious metals like gold and silver. Regulated under MiFID II, it serves more than three million users across Europe with 24/7 mobile trading and staking rewards.

Anchorage Digital is a San Francisco institutional digital-asset platform founded in 2017 by Diogo Monica and Nathan McCauley. Its group provides qualified custody, trading, staking, settlement, governance, and token-lifecycle services to institutions through regulated operating entities. Anchorage Digital Bank is a federally chartered digital-asset bank in the United States, while other group companies serve clients in additional jurisdictions. Asset managers, protocols, foundations, corporations, and other professional market participants use the platform to hold and transact crypto assets while applying institutional controls. The company earns fees from custody and related financial and technology services. Its 2025 acquisition of Hedgey added token vesting, allocation, distribution, and grant-management workflows to the product suite.

Sorare is a Paris fantasy-sports company founded in 2018. Its platform lets users collect officially licensed digital player cards and enter fantasy competitions based on real-world football, baseball and basketball performance. Scarce cards are recorded using blockchain technology and can be bought and sold by users, while free-entry modes broaden access beyond collectors. The company works with professional leagues, clubs and player associations to license teams and athletes. Revenue comes principally from primary sales of digital cards and marketplace-related economics. Sorare has built an international consumer community and combines gaming, sports data, digital collectibles and licensed entertainment content. Official partnerships with leagues and clubs provide intellectual-property rights that distinguish the platform from unlicensed fantasy products.

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.

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.

Binance.US is a privately held United States digital-asset marketplace launched in 2019 and operated by BAM Trading Services. The Miami-based platform provides spot trading, crypto conversion, staking, deposits and withdrawals through web and mobile applications built for United States customers. It supports more than 150 digital assets and serves beginners, active retail traders and institutional market participants. Binance.US uses matching-engine and wallet technology licensed from Binance, but its own support materials identify it as a separate and independent company from the international Binance exchange. The company earns commission and spread-related revenue from trading and other account services, while selected Bitcoin trading pairs are offered without transaction fees. Its compliance program includes federal money-services-business registration and applicable state money-transmitter licensing. The profile refers specifically to the operating exchange at binance.us, not Binance's international platform or investment arm.

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.

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.

Tempo is a Layer-1 blockchain protocol optimized for payment applications. Incubated by Stripe and Paradigm, it supports high-throughput transactions with low fees using a proof-of-stake consensus mechanism. The network enables developers to build decentralized payment rails compatible with existing financial infrastructure.

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.

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.

World is an open identity and financial network previously marketed under the Worldcoin name. World ID lets an individual prove that they are a unique human online without disclosing conventional identity details, while World App provides credentials, a self-custodial wallet and access to financial and consumer applications. World Chain is an Ethereum layer-two blockchain designed to prioritize verified humans and support applications built for the network. Developers can integrate World ID, deploy Mini Apps and build on World Chain using the project's public software and documentation. The network serves consumers, application developers, enterprises and public organizations that require privacy-preserving proof of human. Worldcoin, or WLD, is the protocol's native token and supports participation in the ecosystem. Tools for Humanity developed the Orb hardware and World App, while the World Foundation coordinates the open protocol, so World is not structured as a conventional single-product operating company.

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.

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.

BitMine Immersion Technologies is a publicly traded digital-asset and blockchain-infrastructure company headquartered in Las Vegas. The business accumulated a large Ethereum treasury and developed staking operations intended to earn network rewards on those holdings. It also operates the Made in America Validator Network, known as MAVAN, as an institutional Ethereum staking platform. BitMine acquired Pier Two in March 2026 to add validator technology, personnel and operating capabilities to that platform. The company also has a history in cryptocurrency mining and infrastructure services. It earns revenue from staking, digital-asset infrastructure, mining and related treasury activities rather than from investment-management fees charged to third-party funds. Its shares trade publicly in the United States, exposing investors to the value and operating yield of its digital-asset holdings and infrastructure.

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.