# Top 50 Ethereum Ecosystem Startups Worldwide by Funding (2026)

> The 50 best-funded ethereum ecosystem startups worldwide, ranked by total funding raised: $1.3B combined.

Source: https://millionrounds.com/top-lists/ethereum-ecosystem-startups (Millionrounds; every figure on the page links to its filing or article)

- 1 [**FTX US** FTX US allows users to trade a variety of digital assets like bitcoin, ethereum, solana, and dogecoin.](https://millionrounds.com/company/ftx-us) FTX US allows users to trade a variety of digital assets like bitcoin, ethereum, solana, and dogecoin. *Founded* - Santa Barbara, United States **$400M** last round Jan 2022
- 2 [**Gnosis** Gnosis is a blockchain infrastructure company and DAO-builder founded in 2015, operating as a comprehensive Web3 ecosystem.](https://millionrounds.com/company/gnosis) Gnosis is a blockchain infrastructure company and DAO-builder founded in 2015, operating as a comprehensive Web3 ecosystem. *Founded* 2017 Berlin, Gibraltar **$100M** last round Jul 2022
- 3 [**Coinsquare** Coinsquare is Canada’s trusted platform to buy, sell, & trade Bitcoin, Ethereum, & more, access real-time crypto trading on Canada’s leading cryptocurrency exchange.](https://millionrounds.com/company/coinsquare) Coinsquare is Canada’s trusted platform to buy, sell, & trade Bitcoin, Ethereum, & more, access real-time crypto trading on Canada’s leading cryptocurrency exchange. *Founded* - Toronto, Canada **$95M** last round Feb 2021
- 4 [**Boba Network** Boba Network is a Decentralized Autonomous Organization (DAO) and next-generation Ethereum Layer-2 Optimistic Rollup scaling solution.](https://millionrounds.com/company/boba-network) Boba Network is a Decentralized Autonomous Organization (DAO) and next-generation Ethereum Layer-2 Optimistic Rollup scaling solution. *Founded* - Palo Alto, United States **$70M** last round Jul 2025
- 5 [**Aztec** Aztec is a fully decentralized, privacy-preserving Layer 2 blockchain built on Ethereum.](https://millionrounds.com/company/aztec) Aztec is a fully decentralized, privacy-preserving Layer 2 blockchain built on Ethereum. *Founded* 2017 London, United Kingdom **$63M** last round Dec 2025
- 6 [**VALR** VALR is a global cryptocurrency exchange based in Johannesburg, South Africa, founded in 2018.](https://millionrounds.com/company/valr) VALR is a global cryptocurrency exchange based in Johannesburg, South Africa, founded in 2018. *Founded* 2018 New York, United States **$50M** last round Mar 2022
- 7 [**Etherealize** Etherealize is a New York-based company founded in 2024 that connects traditional Wall Street institutions to the Ethereum ecosystem.](https://millionrounds.com/company/etherealize) Etherealize is a New York-based company founded in 2024 that connects traditional Wall Street institutions to the Ethereum ecosystem. *Founded* 2024 New York, United States **$40M** last round Sept 2025
- 8 [**Zenith Chain** Zenith Chain is a high-performance blockchain platform that is compatible with Ethereum, designed for developers to create decentralized applications (dApps), N](https://millionrounds.com/company/zenith-chain) Zenith Chain is a high-performance blockchain platform that is compatible with Ethereum, designed for developers to create decentralized applications (dApps), N *Founded* 2021 Vilnius, Lithuania **$35M** last round Apr 2022
- 9 [**Origin Protocol** Earn amplified yield on Ethereum and stablecoins with Origin Protocol&s OETH and OUSD.](https://millionrounds.com/company/origin-protocol) Earn amplified yield on Ethereum and stablecoins with Origin Protocol&s OETH and OUSD. *Founded* 2017 San Francisco, United States **$29M** last round Apr 2018
- 10 [**Evmos** Evmos is a high-performance Proof-of-Stake blockchain that connects the Ethereum and Cosmos ecosystems.](https://millionrounds.com/company/evmos) Evmos is a high-performance Proof-of-Stake blockchain that connects the Ethereum and Cosmos ecosystems. *Founded* 2021 Berlin, Germany **$27M** last round Nov 2022
- 11 [**Polymer Labs** Polymer Labs is a blockchain infrastructure company founded in 2021 and based in New York, New York.](https://millionrounds.com/company/polymer-labs) Polymer Labs is a blockchain infrastructure company founded in 2021 and based in New York, New York. *Founded* 2021 New York, United States **$23M** last round Jan 2024
- 12 [**SynFutures** SynFutures is a decentralized exchange (DEX) and financial infrastructure provider focused on decentralized derivatives trading.](https://millionrounds.com/company/synfutures) SynFutures is a decentralized exchange (DEX) and financial infrastructure provider focused on decentralized derivatives trading. *Founded* 2020 Singapore, Singapore **$22M** last round Oct 2023
- 13 [**Codex** Codex is a stablecoin infrastructure company built on Ethereum, focusing on high-throughput, EVM-equivalent Layer 2 blockchain solutions.](https://millionrounds.com/company/codex) Codex is a stablecoin infrastructure company built on Ethereum, focusing on high-throughput, EVM-equivalent Layer 2 blockchain solutions. *Founded* 2024 Kettering, United States **$21M** last round Feb 2025
- 14 [**Bitwala** Bitwala is a financial technology company based in Berlin, Germany, that integrates blockchain finance with traditional banking.](https://millionrounds.com/company/bitwala) Bitwala is a financial technology company based in Berlin, Germany, that integrates blockchain finance with traditional banking. *Founded* 2014 Berlin, Germany **$21M** last round Feb 2024
- 15 [**Cyber** Cyber is an Ethereum Layer 2 blockchain network tailored for social applications and AI.](https://millionrounds.com/company/cyber) Cyber is an Ethereum Layer 2 blockchain network tailored for social applications and AI. *Founded* 2021 Palo Alto, United States **$20M** last round Jul 2025
- 16 [**Monad** Monad develops a blockchain protocol that streamlines Ethereum throughput via parallel transaction processing techniques.](https://millionrounds.com/company/monad) Monad develops a blockchain protocol that streamlines Ethereum throughput via parallel transaction processing techniques. *Founded* 2022 United States **$17M** last round May 2024
- 17 [**Hemi Labs** Hemi Labs is a blockchain infrastructure company focused on enhancing Bitcoin's usability through its Hemi Network, a modular Layer-2 solution.](https://millionrounds.com/company/hemi-labs) Hemi Labs is a blockchain infrastructure company focused on enhancing Bitcoin's usability through its Hemi Network, a modular Layer-2 solution. *Founded* 2023 New Castle, United States **$15M** last round Oct 2025
- 18 [**Superfluid Finance** Superfluid Finance is a blockchain and fintech software company based in London, United Kingdom.](https://millionrounds.com/company/superfluid-finance) Superfluid Finance is a blockchain and fintech software company based in London, United Kingdom. *Founded* 2020 London, United Kingdom **$13M** last round Feb 2025
- 19 [**Obol Labs** Obol Labs specializes in building distributed validators for Ethereum.](https://millionrounds.com/company/obol-labs) Obol Labs specializes in building distributed validators for Ethereum. *Founded* 2021 Ottawa, United States **$13M** last round Jan 2023
- 20 [**ETHGas** ETHGas is a marketplace for Ethereum blockspace commitments.](https://millionrounds.com/company/ethgas) ETHGas is a marketplace for Ethereum blockspace commitments. *Founded* - Hong Kong, Hong Kong SAR China **$12M** last round Dec 2025
- 21 [**DeBank** DeBank is a prominent Web3 infrastructure company and a leading DeFi portfolio tracker and analytics platform, founded in late 2018 by Tang Hongbo and Xu Yong.](https://millionrounds.com/company/debank) DeBank is a prominent Web3 infrastructure company and a leading DeFi portfolio tracker and analytics platform, founded in late 2018 by Tang Hongbo and Xu Yong. *Founded* 2018 Singapore, Singapore **$11M** last round Jan 2024
- 22 [**Altitude** Altitude is a decentralized finance company that offers an automated borrowing protocol for cryptocurrency users.](https://millionrounds.com/company/altitude) Altitude is a decentralized finance company that offers an automated borrowing protocol for cryptocurrency users. *Founded* 2021 London, United States **$11M** last round Oct 2025
- 23 [**NuCypher** NuCypher, now part of the Threshold Network, is a decentralized security and privacy protocol layer built on public blockchains, primarily Ethereum.](https://millionrounds.com/company/nucypher) NuCypher, now part of the Threshold Network, is a decentralized security and privacy protocol layer built on public blockchains, primarily Ethereum. *Founded* 2015 San Francisco, United States **$11M** last round Oct 2019
- 24 [**PIN AI** PIN AI, founded in 2024 and based in Hillsborough, California, is an innovative AI infrastructure startup focused on personal data privacy and control.](https://millionrounds.com/company/pin-ai) PIN AI, founded in 2024 and based in Hillsborough, California, is an innovative AI infrastructure startup focused on personal data privacy and control. *Founded* - Hillsborough, United States **$10M** last round Sept 2024
- 25 [**SSV Network** SSV Network develops a distributed validator technology designed for ETH staking.](https://millionrounds.com/company/ssv-network) SSV Network develops a distributed validator technology designed for ETH staking. *Founded* 2021 Tel Aviv-yafo **$10M** last round Feb 2022
- 26 [**dvts.network** dvts.network is an ethereum liquidity staking protocol that reduces the initial capital requirements for ethereum validators.](https://millionrounds.com/company/dvts-network) dvts.network is an ethereum liquidity staking protocol that reduces the initial capital requirements for ethereum validators. *Founded* 2024 - **$10M** last round Apr 2024
- 27 [**BiFinance** BiFinance is a digital asset trading platform founded in 2022 and headquartered in the Cayman Islands.](https://millionrounds.com/company/bifinance) BiFinance is a digital asset trading platform founded in 2022 and headquartered in the Cayman Islands. *Founded* 2021 Vancouver, Canada **$10M** last round Aug 2024
- 28 [**vlayer Labs** vlayer Labs, founded in February 2024 and based in London, United Kingdom, is a crypto startup focused on blockchain and cryptocurrency.](https://millionrounds.com/company/vlayer-labs) vlayer Labs, founded in February 2024 and based in London, United Kingdom, is a crypto startup focused on blockchain and cryptocurrency. *Founded* 2024 London, United Kingdom **$10M** last round Sept 2024
- 29 [**Radar Relay** Radar Relay is a peer-to-peer trading platform for Ethereum-based tokens built on the 0x protocol.](https://millionrounds.com/company/radar-relay) Radar Relay is a peer-to-peer trading platform for Ethereum-based tokens built on the 0x protocol. *Founded* 2017 United States **$10M** last round Aug 2018
- 30 [**Luno** Luno is a global cryptocurrency platform where people can buy, sell, store, trade and earn on Bitcoin, Ethereum and other digital assets.](https://millionrounds.com/company/luno) Luno is a global cryptocurrency platform where people can buy, sell, store, trade and earn on Bitcoin, Ethereum and other digital assets. *Founded* 2013 Singapore **$9.0M** last round Sept 2017
- 31 [**Pudgy Penguins** Pudgy Penguins is a Web3-native intellectual property and consumer brand that began in July 2021 with a collection of 8,888 unique penguin NFTs on the Ethereum blockchain.](https://millionrounds.com/company/pudgy-penguins) Pudgy Penguins is a Web3-native intellectual property and consumer brand that began in July 2021 with a collection of 8,888 unique penguin NFTs on the Ethereum blockchain. *Founded* 2021 Miami, United States **$9.0M** last round May 2023
- 32 [**Obscuro Labs** Obscuro Labs develops the open-source platform, TEN.](https://millionrounds.com/company/obscuro-labs) Obscuro Labs develops the open-source platform, TEN. *Founded* 2022 London, United Kingdom **$9.0M** last round Mar 2024
- 33 [**Botanix Labs** Botanix Labs is a fully Ethereum-equivalent second-layer virtual machine built on top of Bitcoin.](https://millionrounds.com/company/botanix-labs) Botanix Labs is a fully Ethereum-equivalent second-layer virtual machine built on top of Bitcoin. *Founded* 2023 Boston, United States **$8.5M** last round May 2024
- 34 [**Panoptic** Panoptic is a decentralized options trading platform built on the Ethereum blockchain, integrated with Uniswap.](https://millionrounds.com/company/panoptic) Panoptic is a decentralized options trading platform built on the Ethereum blockchain, integrated with Uniswap. *Founded* 2022 Boston, United States **$7.0M** last round Nov 2023
- 35 [**Spire Labs** Spire Labs is a blockchain infrastructure company focused on Ethereum scaling and based appchains.](https://millionrounds.com/company/spire-labs) Spire Labs is a blockchain infrastructure company focused on Ethereum scaling and based appchains. *Founded* 2023 New York, United States **$7.0M** last round Oct 2024
- 36 [**EthStorage** EthStorage is a crypto startup and It is a storage rollup built on top of ethereum.](https://millionrounds.com/company/ethstorage) EthStorage is a crypto startup and It is a storage rollup built on top of ethereum. *Founded* 2022 San Francisco, United States **$7.0M** last round Jul 2023
- 37 [**Endaoment** Endaoment is a nonprofit community foundation based in San Francisco, California, and is recognized as the world's first provider of Donor-Advised Funds (DAFs)](https://millionrounds.com/company/endaoment) Endaoment is a nonprofit community foundation based in San Francisco, California, and is recognized as the world's first provider of Donor-Advised Funds (DAFs) *Founded* 2020 San Francisco, United States **$6.7M** last round Jun 2022
- 38 [**LIQUITY** Liquity is a decentralized borrowing protocol on Ethereum that allows users to take out 0% interest loans using Ether (ETH) and Liquid Staking Tokens (LSTs) as collateral.](https://millionrounds.com/company/liquity) Liquity is a decentralized borrowing protocol on Ethereum that allows users to take out 0% interest loans using Ether (ETH) and Liquid Staking Tokens (LSTs) as collateral. *Founded* 2020 Zug, United Kingdom **$6.2M** last round Mar 2021
- 39 [**Nocturne Labs** Privacy and UX on Ethereum](https://millionrounds.com/company/nocturne-labs) Privacy and UX on Ethereum *Founded* - San Diego, United States **$6.0M** last round Oct 2023
- 40 [**Sarcophagus** | Credential Recovery | Inheritance | Emergency Communications | Political Activism & Journalism | Built on Ethereum and Arweave](https://millionrounds.com/company/sarcophagus) | Credential Recovery | Inheritance | Emergency Communications | Political Activism & Journalism | Built on Ethereum and Arweave *Founded* 2021 De Pere, United States **$5.4M** last round Jan 2022
- 41 [**AlienSwap** AlienSwap is a membership-based NFT marketplace to trade and earn.](https://millionrounds.com/company/alienswap) AlienSwap is a membership-based NFT marketplace to trade and earn. *Founded* 2022 Merrick, United States **$5.0M** last round Aug 2024
- 42 [**Layer N** Layer N develops a hyper-performant rollup network designed to scale financial applications on Ethereum.](https://millionrounds.com/company/layer-n) Layer N develops a hyper-performant rollup network designed to scale financial applications on Ethereum. *Founded* 2022 New York, United States **$5.0M** last round Sept 2023
- 43 [**Othera** Othera provides lenders, investors and businesses with blockchain investment solutions and tools for managing credit risk, debt and assets.\\Product Range:\* Et](https://millionrounds.com/company/othera) Othera provides lenders, investors and businesses with blockchain investment solutions and tools for managing credit risk, debt and assets.\\Product Range:\* Et *Founded* 2015 Sydney, Australia **$5.0M** last round May 2018
- 44 [**Bitfinity Network** Bitfinity Network is a Bitcoin Layer 2 scaling solution and Ethereum Virtual Machine (EVM) platform built on the Internet Computer protocol.](https://millionrounds.com/company/bitfinity-network) Bitfinity Network is a Bitcoin Layer 2 scaling solution and Ethereum Virtual Machine (EVM) platform built on the Internet Computer protocol. *Founded* - London, Spain **$5.0M** last round Nov 2024
- 45 [**DFX Finance** DFX Finance is a decentralized foreign exchange protocol built on the Ethereum blockchain, focused on trading and managing fiat-backed stablecoins.](https://millionrounds.com/company/dfx-finance) DFX Finance is a decentralized foreign exchange protocol built on the Ethereum blockchain, focused on trading and managing fiat-backed stablecoins. *Founded* 2020 New York, United States **$5.0M** last round Feb 2021
- 46 [**Parastate Labs** Parastate Labs takes Ethereum chain support to the next level through WasmEdge.](https://millionrounds.com/company/parastate-labs) Parastate Labs takes Ethereum chain support to the next level through WasmEdge. *Founded* 2019 Singapore **$5.0M** last round Apr 2021
- 47 [**zkLend** zkLend is a DeFi money-market protocol based on StarkNet, an Ethereum Layer 2 network.](https://millionrounds.com/company/zklend) zkLend is a DeFi money-market protocol based on StarkNet, an Ethereum Layer 2 network. *Founded* 2021 Hong Kong, Hong Kong SAR China **$5.0M** last round Mar 2022
- 48 [**Gasp** Ethereum cross-rollup swaps, lightning-fast, gas-free and MEV protected](https://millionrounds.com/company/gasp) Ethereum cross-rollup swaps, lightning-fast, gas-free and MEV protected *Founded* 2020 Bratislava **$5.0M** last round Feb 2024
- 49 [**TAC** TAC is a blockchain project designed to connect Ethereum-based applications with the Telegram ecosystem, which has over a billion users.](https://millionrounds.com/company/tac) TAC is a blockchain project designed to connect Ethereum-based applications with the Telegram ecosystem, which has over a billion users. *Founded* - Rome, Italy **$5.0M** last round Jun 2025
- 50 [**Ryodan Systems** Ryodan develops zkRollup to construct an infrastructure on Ethereum encryption technology, achieving no gas costs and data sovereignty.](https://millionrounds.com/company/ryodan-systems) Ryodan develops zkRollup to construct an infrastructure on Ethereum encryption technology, achieving no gas costs and data sovereignty. *Founded* - Lucerne, Switzerland **$4.9M** last round Apr 2023

**Total funding** how the list is ranked

**15 November 2026** updated nightly

**Rounds we track** source: Millionrounds

Companies whose own description names this theme, ranked by the total they have raised in rounds we hold. Nobody pays to be on a list.

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