Canto - About the company
Canto is a funded company based in New York City (United States), founded in 2022 by Arijit Pingle and T K Kwon. It operates as a Layer-1 blockchain built to deliver on the promise of DeFi. The company has 1850 active competitors, including 330 funded and 55 that have exited. Its top competitors include companies like Consensys, Coins.ph and Luno.
Company Details
Layer-1 blockchain built to deliver on the promise of DeFi. Its mission is to offer the primary tools of DeFi (DEX, lending protocol, and decentralized stablecoin) as a Free Public Infrastructure (FPI). It returns power to users by advocating for an environment free of the rent-seeking behavior of most DeFi applications.
- Website
- canto.io
Key Metrics
Founded Year
2022
Location
New York City, United States
Stage
Funding Raised
Investors
Ranked
1171st among 1850 active competitors
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Canto's funding and investors
Canto is a funded company. Canto has 1 institutional investor.
View details of Canto's funding rounds and investors
Canto's founders and board of directors
Founder? Claim ProfileThe founders of Canto are Arijit Pingle and T K Kwon.
Here are the details of Canto's key team members:
- Arijit Pingle: Co-Founder of Canto.
- T K Kwon: Co-Founder of Canto.
View details of Canto's Founder profiles and Board Members
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Canto's Competitors and alternates
Top competitors of Canto include Consensys, Coins.ph and Luno. Here is the list of Top 10 competitors of Canto, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Consensys 2014, Fort Worth (United States), Series D | Developer of blockchain and web3 software platform | $725M | 81/100 | |
2nd | Coins.ph 2014, Pasig (Philippines), Acquired | Digital wallet for Bitcoin assets | $40M | 80/100 | |
3rd | Luno 2013, London (United Kingdom), Acquired | App-based platform for crypto wallet and investments | $13M | 80/100 | |
4th | FalconX 2018, San Francisco (United States), Series D | Online platform offering cryptocurrency trading and investment solutions for institutions | $430M | 79/100 | |
5th | BlockFi 2017, Jersey City (United States), Acquired | Online platform for trading, crypto-backed loans, interest accounts, and wallets | $466M | 78/100 | |
6th | Amber Group 2017, Singapore (Singapore), Series C | Provider of blockchain-based financial solutions | $628M | 76/100 | |
7th | AVA 2018, Brooklyn (United States), Series B | Blockchain platform for smart contracts and custom subnets | $368M | 75/100 | |
8th | Fireblocks 2018, New York (United States), Series E | Provider of an online platform for crypto custody, payments, tokenization, and wallet-as-a-service | $1.04B | 75/100 | |
9th | River Financial 2019, San Francisco (United States), Series B | Blockchain focused investment firm | $70M | 74/100 | |
10th | Safe Ecosystem Foundation 2018, Zug (Switzerland), Series D | Decentralized custody protocol and asset management platform on Ethereum and the EVM | $112M | 73/100 | |
1171st | Canto 2022, New York City (United States), Funding Raised | Layer-1 blockchain built to deliver on the promise of DeFi | - | 21/100 |
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Canto's Investments and acquisitions
Canto has made no investments or acquisitions yet.
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