About NEM
NEM is a company based in Daegu (South Korea) founded in 2014. It operates as a Blockchain-as-a-Service. NEM offers products and services including NanoWallet and Symbol/XYM. NEM operates in a competitive market with competitors including Ripple, Compound, Axoni, Algorand and Taurus, among others.
- Headquarter Daegu, South Korea
- SectorsTechnologyFinancial Services
- Website docs.nem.io/pages
- Social X Facebook
- Legal Name Nem Foundation
Products & Services of NEM
NEM offers a comprehensive portfolio of products and services, including NanoWallet and Symbol/XYM.
A wallet for managing NEM blockchain assets securely.
A blockchain platform for enterprise-grade solutions offered.
Competitors of NEM
NEM 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 Ripple, Compound, Axoni, Algorand and Taurus, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ripple.com | 2012 | San Francisco, United States | $352.68M | 554 | Blockchain-based payment network for cross-border transfers is developed. | |
| compound.finance | 2017 | San Francisco, United States | $79.44M | – | P2P lending platform based on the Ethereum blockchain | |
| axoni.com | 2013 | New York, United States | $108.12M | 142 | A blockchain network for capital markets is operated. | |
| algorand.com | 2017 | Boston, United States | $66M | 20 | Blockchain network platform developed for finance sector applications. | |
| taurushq.com | 2018 | Geneva, Switzerland | $65M | – | Digital asset custody and tokenization solutions are provided by Taurus. | |
| minepi.com | 2019 | Palo Alto, United States | – | 16 | Provider of blockchain-based platform offering to mine coins | |
| injective.com | 2018 | New York, United States | $95.2M | – | Programmable processor architecture is developed for energy-efficient computing. | |
| nibiru.fi | 2022 | Palo Alto, United States | $20.5M | – | Proof-of-stake blockchain unifies trading, staking, and liquidity provision. |
Detailed competitors of NEM
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Web traffic of NEM
The website of NEM (nem.io) receives about 10.6K visits a month.
- Monthly visits10.6K
▲ 22.1% vs previous month
Latest news on Nem
Complete news archive for NEM
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Similar companies to NEM
10 companies that operate in the same segment as NEM (Blockchain & Decentralized Infrastructure), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Terraform Labs is engaged in blockchain technology development. | 2018 | Singapore, Singapore | USD 57 M | – | – | |
Ledger is recognized for providing secure cryptocurrency hardware wallets. | 2014 | Paris, France | USD 575.4 M | – | – | |
Decentralized exchange platform for cryptocurrency trading is operated. | 2018 | New York, New York, United States | USD 176 M | – | 85 | |
Developer of blockchain and web3 software platform | 2014 | Fort Worth, Texas, United States | USD 725 M | – | – | |
Public blockchain network platform | 2017 | Zug, Zug, Switzerland | USD 542.29 M | – | – | |
Scalable blockchain interoperability protocols are developed for enhanced network security. | 2017 | George Town, Cayman Islands | USD 450.75 M | – | – | |
Blockchain-based PC and mobile games are developed and published. | 2006 | Kowloon, Hong Kong, China | USD 973.19 M | – | – | |
Protocols for blockchain-based solutions are provided by Aptos. | 2021 | Palo Alto, California, United States | USD 350 M | – | – | |
Cloud-based blockchain platform for application development is provided. | 2013 | San Francisco, California, United States | USD 597.81 M | – | – | |
Blockchain-based fantasy sports marketplace is provided for multiple sports. | 2018 | Saint-mande, Val-de-marne, France | USD 738.84 M | – | – |
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Frequently Asked Questions about NEM
NEM was founded in 2014.
NEM is headquartered in Daegu, South Korea.
A blockchain ecosystem is developed by NEM Foundation for creating and managing digital assets. Solutions for enterprise and individual use are offered through platforms like SymbolXYM. Tools such as NanoWallet are provided for secure transactions and asset management. The technology sector, specifically blockchain and cryptocurrency platforms, is primarily targeted with innovative solutions for decentralized applications.
NEM offers NanoWallet and Symbol/XYM.
NEM operates through Nem Foundation.