About Fantom
Fantom is a company based in Seoul (South Korea) founded in 2018. It operates as a Blockchain-as-a-Service and Token / Crypto Economy. Fantom has raised $50 million across 3 funding rounds from investors including Aave, Bibox and Hashed. Fantom offers products and services including Opera, FTM Token, and Staking. Fantom operates in a competitive market with competitors including Mysten Labs, Symbiont, InfStones, RootStock and Data Gumbo, among others.
- Headquarter Seoul, South Korea
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Sectors
Technology
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Email
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Phone
Locked
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Website
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Social
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- Legal Name Fantom Foundation
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$50 M (USD)
in 3 rounds
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Latest Funding Round
$10 M (USD), Series B
May 24, 2024
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Investors
Aave
& 15 more
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Employee Count
Not available
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Products & Services of Fantom
Fantom offers a comprehensive portfolio of products and services, including Opera, FTM Token, and Staking.
Opera is used as a scalable blockchain platform.
FTM is utilized as Fantom's native currency token.
Staking is offered to earn rewards with FTM.
People of Fantom
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Funding Insights of Fantom
Fantom has successfully raised a total of $50M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $10 million completed in May 2024. 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 Fantom
Fantom has secured backing from 16 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Aave, Bibox and Hashed.
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Venture capital fund focused on crypto-assets
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Limited information is provided about UOB Venture Management.
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Blockchain startups are funded through venture capital investments.
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Investor details for Fantom
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Investments & Acquisitions by Fantom
Investment portfolio details for Fantom
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Financial Statements - Fantom
Detailed financials for Fantom
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Fantom Comparisons
Peer comparison for Fantom
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Competitors of Fantom
Fantom 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 Mysten Labs, Symbiont, InfStones, RootStock and Data Gumbo, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Web3 infrastructure solutions are offered via a blockchain platform.
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Smart contract platform
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Decentralized infrastructure network for finance
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EVM-compatible smart contracts are facilitated on Bitcoin's sidechain by RootStock.
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Blockchain-as-a-service platform with smart contracts is provided for industrial networks.
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Detailed competitors of Fantom
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Fantom
Complete news archive for Fantom
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Frequently Asked Questions about Fantom
Fantom was founded in 2018.
Fantom is headquartered in Seoul, South Korea.
Ahn Byung is the current CEO of Fantom.
Fantom is a funded company, having raised a total of $50M across 3 funding rounds to date.
Fantom is established as a decentralized, high-performance blockchain solution focused on scalability and speed. Transactions are processed with finality in under one second and at costs below 0.01. The Opera platform is utilized as a smart contract environment for developers, supporting a wide ecosystem of DeFi, NFT, and GameFi decentralized applications (dApps). Emphasis is placed on partnerships and collaboration to advance blockchain technology. Tools and funding opportunities are provided to support developers in building innovative solutions within sectors like finance, gaming, and digital ownership.
Fantom's top competitors include Mysten Labs, Data Gumbo and InfStones.
Fantom offers Opera, FTM Token, and Staking.
Fantom has 16 investors. Key investors include Aave, Bibox, Hashed, UOB Venture Management, and Signum Capital.