Blofin

George Town, Cayman Islands Founded: 2019 • Age: 7 yrs
Cryptocurrency futures and perpetual contracts are traded via Blofins platform.
Annual revenue - Latest available
Total funding $50.0M 1 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products - Services tracked
Competitors 8 Brand Intelligence

About Blofin

Blofin is a company based in George Town (Cayman Islands) founded in 2019. Blofin has raised $50 million across 1 funding round from investors including KuCoin, Susquehanna and Matrix. Blofin operates in a competitive market with competitors including Synthetix, Perpetual Protocol, Drift, Bonfida and Avantis, among others.

  • Headquarter George Town, Cayman Islands
  • Sectors
    Technology
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Technology → Blockchain, Web3 & Digital Assets Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $50 M (USD)

    in 1 rounds

  • Latest Funding Round
    $50 M (USD), Series B

    Mar 01, 2022

  • Investors
    KuCoin

    & 2 more

  • Employee Count
    Not available
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Funding Insights of Blofin

Blofin has successfully raised a total of $50M through 1 strategic funding round. The most recent funding activity was a Series B round of $50 million completed in March 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Blofin

Blofin has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include KuCoin, Susquehanna and Matrix.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Diversified investment management is handled by SIG across multiple assets.
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Early-stage ventures are funded by the investment firm.
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Cryptocurrencies are bought, sold, and traded via this exchange platform.
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Investor details for Blofin

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  • Investor domains
  • Investor locations
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  • Participation history

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Investments & Acquisitions by Blofin

Investments
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Investment portfolio details for Blofin

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  • Transaction dates
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Financial Statements - Blofin

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Detailed financials for Blofin

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Blofin Comparisons

Blofin Primary company
Description
Cryptocurrency futures and perpetual contracts are traded vi...
Location
George Town, Cayman Islands
Founded Year
2019
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Blofin

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Competitors of Blofin

Blofin operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Synthetix, Perpetual Protocol, Drift, Bonfida and Avantis, among others.

Company Name Domain Founded year HQ Location Description
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Derivatives liquidity protocol
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Online trading platform for cryptocurrency
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Cryptocurrency futures and options trading solutions are offered.
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Blockchain-based trading network for Solana
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Cryptocurrencies and real-world assets are traded on a decentralized platform.
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Detailed competitors of Blofin

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Latest news on Blofin

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Complete news archive for Blofin

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  • Older coverage
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Frequently Asked Questions about Blofin

Blofin was founded in 2019 and raised its 1st funding round 3 years after it was founded.

Blofin is headquartered in George Town, Cayman Islands.

Matt H is the current CEO of Blofin.

Blofin is a funded company, having raised a total of $50M across 1 funding round to date.

Blofin was founded in 2019 and is based in George Town, Cayman Islands. Operations focus on the cryptocurrency sector, where a platform is maintained for users to buy, sell, deposit, and trade futures and perpetual contracts. Market signals and insights are supplied as supplementary tools. The mobile app is made available for both Android and iOS devices.

Blofin's top competitors include Synthetix, Avantis and Drift.

Blofin has 3 investors. Key investors include KuCoin, Susquehanna, and Matrix.

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