Divergence Protocol

Singapore, Singapore Founded: 2021 • Age: 5 yrs Acquired By PROOF
Decentralized platform for volatility derivatives
Annual revenue - Latest available
Total funding - 2 rounds
Employees - Tracked headcount
Investors 16 Known backers
Products - Services tracked
Competitors 7 Brand Intelligence

About Divergence Protocol

Divergence Protocol is a company based in Singapore (Singapore) founded in 2021 was acquired by PROOF in July 2022. Divergence Protocol operates in a competitive market with competitors including Solana, Ankr, Mysten Labs, O(1) Labs and Chain, among others.

  • Headquarter Singapore, Singapore
  • Sectors
    Technology
  • Email
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  • Phone
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  • Website
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Operational Areas
Technology → Blockchain, Web3 & Digital Assets Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Latest Funding Round
    $10.2 M (USD), Token Sale

    Sep 28, 2021

  • Investors
  • Employee Count
    Not available
  • Acquired by
    PROOF

    (Jul 14, 2022)

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Funding Insights of Divergence Protocol

Investors in Divergence Protocol

Divergence Protocol has secured backing from 16 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include HashKey Exchange, Proof and Mechanism Capital.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Early-stage investments in fintech, gaming, and enterprise software are targeted.
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Blockchain companies are invested in by Arrington XRP Capital.
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Fund-of-funds investments are managed in the green data economy.
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Investor details for Divergence Protocol

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Investments & Acquisitions by Divergence Protocol

Investments
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Investment portfolio details for Divergence Protocol

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Financial Statements - Divergence Protocol

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Detailed financials for Divergence Protocol

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Divergence Protocol Comparisons

Divergence Protocol Primary company
Description
Decentralized platform for volatility derivatives
Location
Singapore, Singapore
Founded Year
2021
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Divergence Protocol

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Competitors of Divergence Protocol

Divergence Protocol 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 Solana, Ankr, Mysten Labs, O(1) Labs and Chain, among others.

Company Name Domain Founded year HQ Location Description
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Blockchain infrastructure for transactions and counting is provided by Solana.
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Web3-native infrastructure for blockchain development and decentralization is provided.
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Web3 infrastructure solutions are offered via a blockchain platform.
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Provider of a blockchain network
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Blockchain infrastructure is offered for financial application development.
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A blockchain-based public network is operated for decentralized application development.
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Detailed competitors of Divergence Protocol

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Latest news on Divergence Protocol

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Complete news archive for Divergence Protocol

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Frequently Asked Questions about Divergence Protocol

Divergence Protocol was founded in 2021.

Divergence Protocol is headquartered in Singapore, Singapore.

Divergence was founded in 2021 in Singapore as a decentralized platform focused on volatility derivatives within the blockchain sector. Hedging and trading of these derivatives are enabled using native blockchain assets. Operations include provisions for liquidity provider tokens, decentralized finance farming, staking mechanisms, and additional related services, all conducted from its base in Singapore.

Divergence Protocol's top competitors include Mysten Labs, Solana and O(1) Labs.

Divergence Protocol has 16 investors. Key investors include HashKey Exchange, Proof, Mechanism Capital, Focus Labs, and Nothing Research Ltd.

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