Fusotao

Singapore, Singapore Founded: 2020 • Age: 6 yrs
Off-chain orderbook matching is verified on-chain by the protocol.
Annual revenue - Latest available
Total funding $2.4M 2 rounds
Employees - Tracked headcount
Investors 10 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Fusotao

Fusotao is a company based in Singapore (Singapore) founded in 2020 by Daniel Wong and Yu Zhang. Fusotao has raised $2.4 million across 2 funding rounds from investors including Alpha investments, D1 Ventures and SevenX. Fusotao operates in a competitive market with competitors including Pi Network, Nibiru Chain, RYVYL, Berachain and Lightspark, among others.

  • Headquarter Singapore, Singapore
  • Founders Daniel Wong, Yu Zhang
  • Sectors
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
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
  • Total Equity Funding
    $2.4 M (USD)

    in 2 rounds

  • Latest Funding Round
    $200 K (USD), Token Sale

    Jul 26, 2022

  • Investors
  • Employee Count
    Not available
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Funding Insights of Fusotao

Fusotao has successfully raised a total of $2.4M across 2 strategic funding rounds. The most recent funding activity was a Token Sale round of $200 thousand completed in July 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 Fusotao

Fusotao has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Alpha investments, D1 Ventures and SevenX.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital fund focused on tech and crypto startups
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Blockchain investments are managed by SevenX in Shanghai.
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Venture capital investment and support for founders in technology and health sectors.
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Investor details for Fusotao

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Investments & Acquisitions by Fusotao

Investments
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Investment portfolio details for Fusotao

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Financial Statements - Fusotao

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Detailed financials for Fusotao

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Fusotao Comparisons

Fusotao Primary company
Description
Off-chain orderbook matching is verified on-chain by the pro...
Location
Singapore, Singapore
Founded Year
2020
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Fusotao

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Competitors of Fusotao

Fusotao 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 Pi Network, Nibiru Chain, RYVYL, Berachain and Lightspark, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Provider of blockchain-based platform offering to mine coins
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Proof-of-stake blockchain unifies trading, staking, and liquidity provision.
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Blockchain infrastructure is delivered for payments and banking solutions.
Locked Locked Locked
An EVM-compatible blockchain is offered via Proof-of-Liquidity consensus.
Locked Locked Locked
Platform created to explore, build and extend the capabilities and utility of Bitcoin
Locked Locked Locked
Blockchain network for DeFi applications is provided by Reef.
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Detailed competitors of Fusotao

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Latest news on Fusotao

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Complete news archive for Fusotao

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Frequently Asked Questions about Fusotao

Fusotao was founded in 2020 and raised its 1st funding round 2 years after it was founded.

Fusotao is headquartered in Singapore, Singapore.

Fusotao is a funded company, having raised a total of $2.4M across 2 funding rounds to date.

Fusotao was founded in 2020 in Singapore and operates as a verification protocol within the blockchain sector. An application chain is provided to secure users assets and confirm matching transactions from off-chain exchange services. Core activities involve off-chain execution via the Galois client, followed by on-chain proofs. The system supports orderbook-based matching for decentralized exchanges.

Fusotao's top competitors include Pi Network, Nibiru Chain and Berachain.

Fusotao has 10 investors. Key investors include Alpha investments, D1 Ventures, SevenX, Big Brain Holdings, and Octopus Ventures.

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