# Synthetix: Banking, Sydney, Australia

> Synthetix: A cryptoasset-backed network that enables the creation of on-chain synthetic assets. Based in Sydney, Australia.

Source: https://millionrounds.com/startup/synthetix-2 (Millionrounds; every figure on the page links to its filing or article)

Australia · [Banking startup](https://millionrounds.com/companies)

# Synthetix

A cryptoasset-backed network that enables the creation of on-chain synthetic assets.

Funding reported Last round: Initial Coin Offering

Banking Sydney, Australia

Company summary

- **Founded:** - not reported
- **Team:** - not reported
- **Funding reported:** 20M as listed, currency not stated
- **Last round:** Initial Coin Offering date not reported

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Synthetix has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## What company datasets say Synthetix raised

Funding, as reported

Reported in all **20M** in the source's currency

Last round **Initial Coin Offering**

Investors listed **5**

## On 12 portfolio pages

Investors who name them

- [Hyperscale Fund](https://millionrounds.com/fund/hyperscale-fund)
- [Genblock Capital](https://millionrounds.com/fund/genblock-capital)
- [Struck Capital](https://millionrounds.com/fund/struck-capital)
- [Paradigm](https://millionrounds.com/fund/paradigm)
- [IOSG Ventures](https://millionrounds.com/fund/iosg-ventures)
- [Marin Digital Ventures](https://millionrounds.com/fund/marin-digital-ventures)
- [PHD Capital](https://millionrounds.com/fund/phd-capital)
- [Brilliance 3.0](https://millionrounds.com/fund/brilliance-3-0)
- [Deep Ventures](https://millionrounds.com/fund/deep-ventures)
- [Hyperchain Capital](https://millionrounds.com/fund/hyperchain-capital)
- [Plutos Capital](https://millionrounds.com/fund/plutos-capital)
- [Tokensoft](https://millionrounds.com/fund/tokensoft)

Each firm lists Synthetix on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## Banking in Australia

Startups like it

- [**MitchCap** Wollongong · founded 2019](https://millionrounds.com/startup/mitchcap)
- [**Study Loans** Melbourne · founded 2016](https://millionrounds.com/startup/study-loans)
- [**International Bank of Australia** founded 2019](https://millionrounds.com/startup/international-bank-of-australia)
- [**Archa** Melbourne · founded 2017](https://millionrounds.com/startup/archa)
- [**Islamic Bank Australia** Sydney · founded 2022](https://millionrounds.com/startup/islamic-bank-australia)
- [**More Payments** founded 2019](https://millionrounds.com/startup/more-payments)
- [**Basiq** Sydney](https://millionrounds.com/startup/basiq)
- [**Hello Mortgage Broker** founded 2019](https://millionrounds.com/startup/hello-mortgage-broker)

## Is this your company?

Add your raise, your deck and your story, and put Synthetix in front of investors. Or tell us what we have wrong.

[List your startup](https://millionrounds.com/list-your-startup)[Send a correction](https://millionrounds.com/corrections)