Bifrost - About the company
Bifrost is a seed company based in Singapore (Singapore), founded in 2020 by Lurpis Wang and Zengfeng Wang. It operates as a Staking platform for cryptocurrencies. Bifrost has raised $600K in funding. The company has 588 active competitors, including 118 funded and 17 that have exited. Its top competitors include companies like ether.fi, Figment and Lido.
Company Details
BITFROST is a staking platform for cryptocurrencies. It allows users to access multiple PoS main chains using the cross-chain method. It features tools for mapping the parachain to the mapped staked assets to avail returns in the form of staked income and rewards. It measures mining weights based on the market value of multiple assets mapped by users.
- Website
- bifrost.finance
- Social
- Registered Address
- TRAS STREET, Singapore, 78982
Key Metrics
Founded Year
2020
Location
Singapore, Singapore
Stage
Seed
Total Funding
$600K in 1 round
Latest Funding Round
Investors
Ranked
90th among 588 active competitors
Employee Count
12 as on Aug 31, 2026
Investment & Acquisitions
Legal entities associated with Bifrost
Bifrost is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
BIFROST PTE. LTD. UEN: 201909352M , Singapore, Active | Mar 22, 2019 | - | - |
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Bifrost's funding and investors
Bifrost has raised a total funding of $600K over 1 round. Its latest funding round was a Seed round on Sep 01, 2020 for $*****. 14 investors participated in its latest round. Bifrost has 16 institutional investors.
Here is the list of recent funding rounds of Bifrost:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 01, 2020 | 2606178 | Seed | 7486192 | 5174657 | 7351313 | 3157312 |
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Bifrost's founders and board of directors
Founder? Claim ProfileHere are the details of Bifrost's key team members:
- Lurpis Wang: Co-Founder & CEO of Bifrost and founder of 1 other company. Contact Info: 1 email address
- Zengfeng Wang: Co-Founder of Bifrost.
View details of Bifrost's Founder profiles and Board Members
Bifrost's employee count trend
Bifrost has 12 employees as of Aug 26. Here is Bifrost's employee count trend over the years:
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Bifrost's Competitors and alternates
Top competitors of Bifrost include ether.fi, Figment and Lido. Here is the list of Top 10 competitors of Bifrost, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | ether.fi 2022, George Town (Cayman Islands), Series A | Liquid staking protocol | $32.3M | 70/100 | |
2nd | Online platform for the staking solution | $165M | 65/100 | ||
3rd | Non-custodial staking solution for cryptocurrencies | $72M | 63/100 | ||
4th |  EigenLayer 2021, Seattle (United States), Series B | Provider of verifiable cloud computing platform | $241M | 62/100 | |
5th |  CyberConnect 2021, Palo Alto (United States), Series A | Web3 social network platform | $25M | 62/100 | |
6th | P2P 2018, George Town (Cayman Islands), Series A | Provider of a non-custodial staking platform for cryptocurrencies | $23M | 62/100 | |
7th | BTCS 2013, Public | Provider of blockchain infrastructure node operations and digital asset staking | $1.88M | 61/100 | |
8th |  Tokens.com 2020, Toronto (Canada), Public | Blockchain-based technology focused on transaction processing and validation services for various digital assets | $25M | - | 60/100 |
9th |  Puffer Finance 2022, United States, Series A | Anti-slashing liquid staking protocol | $24.2M | 60/100 | |
10th | Platform offering a generalized shared security system for decentralized networks | $34.8M | 60/100 | ||
90th | Staking platform for cryptocurrencies | $600K | 36/100 |
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Bifrost's Investments and acquisitions
Bifrost has acquired OKONTO. Bifrost has not made any investments as of now.Reports related to Bifrost
Here is the latest report on Bifrost's sector:
News related to Bifrost
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Darwinia New XCM Integration Between Crab Parachain And KhalaSmartliquidity•Aug 09, 2022•Darwinia Network, Crab Network, Phala Network, Bifrost
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Bitfrost Selects Alfred W. Moeckli as the new Chairman of the BoardFinance Magnates•Jan 19, 2022•Bifrost, Coinify
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