When was Basis founded?

Basis was founded in 2017 and raised its 1st funding round 1 year after it was founded.

Where is Basis located?

Basis is headquartered in Hoboken, United States.

How many employees does Basis have?

As of Aug 31, 2026, the latest employee count at Basis is 3.

Is Basis a funded company?

Basis is a funded company, having raised a total of $133M across 2 funding rounds to date. The company's 1st funding round was a $***** Series B round, raised on Apr 18, 2018.

When was the latest funding round of Basis?

Basis' latest funding was a $***** Series B round on 2018, with participation from 1 investor. Its primary sector is Cryptocurrencies. In United States, the Cryptocurrencies sector has seen $2.07B in funding in 2026 to date.

Where does Basis rank among its competitors?

Basis ranks 25th amongst 351 active competitors, of which 75 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was JPYC, which secured $38.1M in Aug, 2026.

Who are the top competitors of Basis?

Basis' top competitors include Circle, KAST and Terra. Among them, JPYC secured the most recent funding round in August, 2026.

Basis - 2026 Company Profile, Team, Funding & Competitors

Company Details

Basis is a platform that provides decentralized stable cryptocurrency. It has a built-in algorithm that can issue more Basis tokens when the demand is high and buy-back Basis tokens when supply is high to maintain a stable price of the coin. Its protocol is designed to expand and contract supply.

Website: basis.io
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Key Metrics

Founded Year

2017

Location

Hoboken, United States

Stage

Series B

Total Funding

$133M in 2 rounds

Latest Funding Round

Series B, 2018, $*****

Investors

Bain Capital Ventures & 36 more

Ranked

25^th among 351 active competitors

Employee Count

3 as on Aug 31, 2026

Similar Companies

Circle & 565 more

View Basis' full profile

Basis has raised a total funding of $133M over 2 rounds. Its first funding round was on Apr 18, 2018. Its latest funding round was a Series B round on 2018 for $*****. 1 investor participated in its latest round. Basis has 34 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of Basis:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
2018	9169	Series B	9376	6328	6318	2643
Apr 18, 2018	4613218	Series B	9152551	6082096	Bain Capital Ventures	Lightspeed Venture Partners & 15 more

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View details of Basis's funding rounds and investors

The founders of Basis are Nader Al Naji, Josh Chen and Lawrence Diao.

Here are the details of Basis' key team members:

Nader Al Naji: Founder of Basis and founder of 1 other company.
Josh Chen: Co-Founder of Basis and founder of 1 other company.
Lawrence Diao: Former Co-Founder of Basis.
Contact Info: 1 email address

View details of Basis's Founder profiles and Board Members

Basis' employee count trend

Basis has 3 employees as of Aug 26. Here is Basis's employee count trend over the years:

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Top competitors of Basis include Circle, KAST and Terra. Here is the list of Top 10 competitors of Basis, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Circle 2013, Boston (United States), Public	Cross-border payment solution for businesses focusing on cryptocurrency	$1.51B	Fidelity Investments, Marshall Wace & 56 others	88/100
2nd	KAST 2024, Mutsamudu (Comoros), Series A	App-based platform offering stablecoins	$90M	HSG, QED Investors & 3 others	76/100
3rd	Terra 2018, Singapore (Singapore), Series B	Blockchain network for payments	$125M	Huobi, Binance Labs & 42 others	75/100
4th	Celo 2011, San Francisco (United States), Acquired	Blockchain-based stable coins for social payments and money transfers	$65M	Andreessen Horowitz, Polychain & 52 others	69/100
5th	MakerDAO 2014, San Francisco (United States), Series A	Stable coin based on Ethereum blockchain	$63M	Andreessen Horowitz, 0xFu & 26 others	69/100
6th	StableCorp 2019, Toronto (Canada), Series A	Decentralized stable coin used for enabling B2B payments	$8.51M	FTP Ventures, Genesis & 11 others	60/100
7th	Mezo 2022, Menlo Park (United States), Series A	Developer of stablecoins fully backed by reserves of digital currency	$30M	Ledger, Pantera Capital & 16 others	59/100
8th	JPYC 2019, Chiyoda City (Japan), Series B	Prepaid Japanese Yen Stablecoin made on public blockchain	$106M	Headline, Ds Hd & 18 others	58/100
9th	TrustToken 2017, San Francisco (United States), Series A	Decentralized platform for physical asset tokenization	$32.5M	BlockTower, Zhen Fund & 29 others	57/100
10th	1Money 2024, Bermuda, Seed	Provider of a stablecoin payments network	$20M	F-Prime Capital, Bing Ventures & 26 others	56/100
25th	Basis 2017, Hoboken (United States), Series B	Decentralized stable cryptocurrency	$133M	Foundation Capital, Wing Venture Capital ... & 35 others	47/100