Bonfida

Solana Beach, United States Founded: 2020 • Age: 6 yrs
Blockchain-based trading network for Solana

About Bonfida

Bonfida is a company based in Solana Beach (United States) founded in 2020.. Bonfida has raised $4.5 million across 2 funding rounds from investors including CMS Holdings, Sino Global Capital and Three Arrows Capital. Bonfida offers products and services including Solana Name Service, SNS SDK, Wallet Guide, SNS Guide, and $FIDA Token. Bonfida operates in a competitive market with competitors including Synthetix, Drift, Perpetual Protocol, Blofin and Avantis, among others.

  • Headquarter Solana Beach, United States
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $4.5 M (USD)

    in 2 rounds

  • Latest Funding Round
    $600 K (USD), Token Sale

    Dec 22, 2020

  • Investors
  • Employee Count
    Employee Count
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Products & Services of Bonfida

Bonfida offers a comprehensive portfolio of products and services, including Solana Name Service, SNS SDK, Wallet Guide, SNS Guide, and $FIDA Token. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Enables human-readable identities on Solana blockchain.

Facilitates interaction with Solana Name Service for developers.

Guides wallet integration of .sol domains for fund transfers.

Provides comprehensive guide to Solana Name Service features.

Token for participation in the Bonfida ecosystem on exchanges.

Funding Insights of Bonfida

Bonfida has successfully raised a total of $4.5M across 2 strategic funding rounds. The most recent funding activity was a Token Sale round of $600 thousand completed in December 2020. 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.

  • Total Funding
  • Total Rounds 2
  • Last Round Token Sale — $600,000
  • First Round

    (15 Dec 2020)

  • Investors Count 5
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2020 Amount Token Sale - Bonfida Valuation

investors

Dec, 2020 Amount Seed - Bonfida Valuation CMS Holdings
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Bonfida

Bonfida has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include CMS Holdings, Sino Global Capital and Three Arrows Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Blockchain sectors are invested in by Sino Global Capital.
Founded Year Domain Location
Advisory, venture capital, and startup services for blockchain are provided.
Founded Year Domain Location
Manages diversified investment portfolios across multiple asset classes.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Bonfida

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Bonfida

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Bonfida Comparisons

Employees
+
Add Comparison
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Competitors of Bonfida

Bonfida 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, Drift, Perpetual Protocol, Blofin and Avantis, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Derivatives liquidity protocol
domain founded_year HQ Location
Cryptocurrency futures and options trading solutions are offered.
domain founded_year HQ Location
Online trading platform for cryptocurrency
domain founded_year HQ Location
Cryptocurrency futures and perpetual contracts are traded via Blofin's platform.
domain founded_year HQ Location
Cryptocurrencies and real-world assets are traded on a decentralized platform.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Bonfida

Solana Blinks Enabled on Bonfida
Cryptomode1 year ago
Bonfida Partnership with Wormhole
Smartliquidity3 years ago
Notifi Created New Alerts on Bonfida
Smartliquidity3 years ago

Frequently Asked Questions about Bonfida

When was Bonfida founded?

Bonfida was founded in 2020.

Where is Bonfida located?

Bonfida is headquartered in Solana Beach, United States. It is registered at Solana Beach, California, United States.

Is Bonfida a funded company?

Bonfida is a funded company, having raised a total of $4.5M across 2 funding rounds to date. The company's 1st funding round was a Seed of $4.5M, raised on Dec 15, 2020.

What does Bonfida do?

Bonfida was founded in 2020 and is based in Solana Beach, United States. Operations focus on the blockchain sector, specifically within the Solana ecosystem. Services such as buying, burning, swapping, and staking are provided through a decentralized trading network. Transaction cranking is utilized for node security, while rewards are distributed for funding rates and liquidations to support network functionality.

Who are the top competitors of Bonfida?

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

What products or services does Bonfida offer?

Bonfida offers Solana Name Service, SNS SDK, Wallet Guide, SNS Guide, and $FIDA Token.

Who are Bonfida's investors?

Bonfida has 5 investors. Key investors include CMS Holdings, Sino Global Capital, Three Arrows Capital, GBV Capital, and Spartan Group.

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