Blofin - About the company
Blofin is a series B company based in George Town (Cayman Islands), founded in 2019. It operates as a Cryptocurrency futures trading platform. Blofin has raised $50M in funding from KuCoin. The company has 136 active competitors, including 39 funded and 1 that has exited. Its top competitors include companies like Synthetix, Shield and dYdX.
Company Details
Cryptocurrency futures trading platform. It offers a platform that enables users to buy, sell, deposit and trade in cryptocurrency futures, perpetuals contracts, and more. It also offers solutions for cryptocurrency market signals, insights, and more. Its app is availabale for Android and iOS users.
- Website
- blofin.com
- Email ID
- *****@blofin.com
Key Metrics
Founded Year
2019
Location
George Town, Cayman Islands
Stage
Series B
Total Funding
$50M in 1 round
Latest Funding Round
Ranked
2nd among 136 active competitors
Employee Count
1,001 - 5,000 as on Jul 01, 2024
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Blofin's funding and investors
Blofin has raised a total funding of $50M over 1 round. Its latest funding round was a Series B round on Mar 01, 2022 for $*****. 3 investors participated in its latest round. Blofin has 3 institutional investors.
Here is the list of recent funding rounds of Blofin:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 01, 2022 | 2191032 | Series B | 6239902 | 2988772 | 7719899 | 6393906 |
View details of Blofin's funding rounds and investors
Blofin's founders and board of directors
Founder? Claim ProfileBlofin's employee count trend
Blofin has 1,001 - 5,000 employees as of Jul 24. Here is Blofin's employee count trend over the years:
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Blofin's Competitors and alternates
Top competitors of Blofin include Synthetix, Shield and dYdX. Here is the list of Top 10 competitors of Blofin, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Operator of a platform for perpetual futures trading on Ethereum | $36M | 67/100 | ||
2nd | Blofin 2019, George Town (Cayman Islands), Series B | Cryptocurrency futures trading platform | $50M | 63/100 | |
3rd | Shield 2022, Miami (United States), Seed | Provider of payment solutions enabling businesses to accept stablecoins and digital assets. | $7.1M | 59/100 | |
4th | ![]() dYdX 2017, New York (United States), Series C | Developer of a decentralised platform for perpetual contract trading | $87M | 55/100 | |
5th | Drift 2021, United States, Series B | Future & options focused trading solutions for cryptocurrency | $28.8M | 54/100 | |
6th | Avantis 2023, New York City (United States), Series A | Decentralized cryptocurrency trading platform | $16M | 53/100 | |
7th | Block Earner 2021, Sydney (Australia), Series A | Provider of blockchain based decentralised financing services | $10.3M | 53/100 | |
8th | Aark Digital 2023, New York (United States), Seed | Decentralized derivatives exchange platform | $6M | 50/100 | |
9th | ![]() EdgeX 2023, Dubai (United Arab Emirates), Seed | Developer of decentralized exchange platform providing perpetual and spot trading | - | 49/100 | |
10th | MYX Finance 2023, Singapore (Singapore), Seed | Online platform for perpetual trading | $5M | 49/100 |
Looking for more details on Blofin's competitors? Click here to see the top ones
Blofin's Investments and acquisitions
Blofin has made no investments or acquisitions yet.
Reports related to Blofin
Here is the latest report on Blofin's sector:
News related to Blofin
Media has covered Blofin for a total of 17 events in the last 1 year, 12 of them have been about company updates and 1 about partnerships.
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BloFin Partners with Checkout.com to Power a Next-Generation Fiat On-Ramp ExperienceGlobal Fintech Series•Oct 28, 2025•Blofin, Checkout
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BloFin, Berachain, and Cointelegraph Power Whalefield at TOKEN2049 with DJ BLOND:ISHGlobeNewswire•Sep 26, 2025•Blofin, Berachain, CoinTelegraph
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BloFin Achieves PCI DSS Certification to Strengthen Card Payment SecurityGlobeNewswire•Sep 20, 2025•Blofin
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BloFin Title Sponsors TOKEN2049 Singapore, Debuts Largest "Build" Booth & AfterpartyGlobeNewswire•Sep 15, 2025•Blofin
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Cryptocurrency Fintech News: BloFin Elevates Brand with Upgraded LogoGlobal Fintech Series•Aug 28, 2025•Blofin
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BloFin Launches USDC Futures to Empower Traders with Stability and RegulationBeInCrypto•Aug 19, 2025•Blofin
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