
About Xoken
Xoken is a Technology company based in Bengaluru (India) founded in 2016. It operates as a decentralized platform supports digital asset trading and identity creation. It operates in the Technology and Financial Services sectors. Xoken offers products and services including Wallet Security, Forex Trading Platform, and Investment Tools. Its focus areas include High Tech, Blockchain Infrastructure, Blockchain Network and Finance. Its legal entity in India is Xoken Labs Private Limited (U72900KA2018PTC109975). Similar companies include Consensys, Luno, Uphold, Coins.ph and BlockFi and 4 more; 8 of its 9 listed similar companies have raised funding.
Company details
Xoken was founded in 2016 in Bengaluru, India, as a platform in the decentralized financial services sector. Digitization of assets is enabled, allowing registration and trading by users. Digital identities are created for participants. Oracle and intermediary services are provided for assets, identities, and smart contracts. A smart contract system is offered to codify agreements, with settlement abstracted from computation processes.
- Headquarters Bengaluru, India
- SectorsTechnologyFinancial Services
- Website xoken.org
- Social LinkedIn X Facebook
- Legal Name Xoken Labs Private Limited
- Date of Incorporation 06 Feb, 2018
- Jurisdiction Bangalore, Karnataka, India
- Net Loss-₹4.7 Lakh
FY 2022 · 0% margin
- EBITDA-₹4 Lakh
FY 2022 · 0% margin
Associated legal entities of Xoken
Xoken operates through Xoken Labs Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Xoken Labs Private Limited CIN U72900KA2018PTC109975 | Active | 06 Feb 2018 | Bangalore, Karnataka | – | – | 2 | View details |
Products & Services of Xoken
Xoken offers a comprehensive portfolio of products and services, including Wallet Security, Forex Trading Platform, and Investment Tools.
Provides secure features for digital transactions and policies.
Enables automated forex trading and investment strategies.
Offers resources for market analysis and trading techniques.
Board of directors of Xoken Labs Private Limited (Xoken)
Xoken Labs Private Limited is the primary company behind Xoken. The board of Xoken Labs Private Limited currently have 2 directors; the longest-serving is Nithin Mani, appointed in 2018.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nithin Mani DIN 08065791 | Managing Director | 06 Feb 2018 | 8 yrs 8 mo | Xoken Labs Private Limited |
| Suma Chandrashekhar DIN 08065792 | Director | 06 Feb 2018 | 8 yrs 8 mo | Xoken Labs Private Limited |
Financials of Xoken
Figures of Xoken Labs Private Limited, the primary company behind Xoken, for FY 2022. Net loss was -₹4.7 Lakh (0% margin). EBITDA was -₹4 Lakh (0% margin).
- -₹4.7 LakhNet loss · 0% margin
- -₹4 LakhEBITDA · 0% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Xoken Labs Private Limited are on its company page.
Detailed financial statements for Xoken
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Similar companies to Xoken
Xoken has 9 listed similar companies in our database, 8 of them funded. They include Consensys, Luno, Uphold, Coins.ph and BlockFi, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| consensys.io | 2014 | Fort Worth, United States | $725M | 900 | Developer of blockchain and web3 software platform | |
| luno.com | 2013 | London, United Kingdom | $13M | 127 | Mobile app for storing and trading cryptocurrencies is utilized. | |
| uphold.com | 2013 | London, United Kingdom | $73.36M | 14 | App-based wallet and exchange platform for cross-border money transfers | |
| coins.ph | 2014 | Pasig, Philippines | $40M | – | Digital wallet for Bitcoin assets | |
| blockfi.com | 2017 | Jersey, United States | $465.65M | – | Crypto trading, loans, interest accounts, and wallets are offered online. | |
| crypto.com | 2016 | Singapore | – | – | App-based trading and deposit solutions for cryptocurrency are provided. | |
| bitgo.com | 2013 | Palo Alto, United States | $170.5M | 166 | Crypto-based custody, trading, and lending services are provided to institutions. | |
| fireblocks.com | 2018 | New York, United States | $1.04B | – | Provider of an online platform for crypto custody, payments, tokenization, and wallet-as-a-service | |
| ripple.com | 2012 | San Francisco, United States | $352.68M | 554 | Blockchain-based payment network for cross-border transfers is developed. |
Detailed similar companies of Xoken
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Blockchain & Decentralized Infrastructure
10 companies that operate in the same segment as Xoken (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, Ile de France, France | USD 575.4 M | – | 802 | |
Decentralized exchange platform for cryptocurrency trading is operated. | 2018 | New York, New York, United States | USD 176 M | – | 217 | |
Developer of blockchain and web3 software platform | 2014 | Fort Worth, Texas, United States | USD 725 M | – | 708 | |
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 997.58 M | USD 101.34 M | 307 | |
Protocols for blockchain-based solutions are provided by Aptos. | 2021 | Palo Alto, California, United States | USD 350 M | – | 166 | |
Cloud-based blockchain platform for application development is provided. | 2013 | San Francisco, California, United States | USD 563.9 M | – | 366 | |
Blockchain-based fantasy sports marketplace is provided for multiple sports. | 2018 | Saint-mande, Val-de-marne, France | USD 738.84 M | – | 151 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track β from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Xoken
Xoken was founded in 2016.
Xoken is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Xoken was founded in 2016 in Bengaluru, India, as a platform in the decentralized financial services sector. Digitization of assets is enabled, allowing registration and trading by users. Digital identities are created for participants. Oracle and intermediary services are provided for assets, identities, and smart contracts. A smart contract system is offered to codify agreements, with settlement abstracted from computation processes.
Xoken offers Wallet Security, Forex Trading Platform, and Investment Tools.
Xoken operates through Xoken Labs Private Limited.
The legal entities of Xoken currently have 2 directors, including Nithin Mani, Suma Chandrashekhar.