Codex - About the company
Codex is a seed company based in New York City (United States), founded in 2024 by Momo Ong, Haonan Li, Victor Yaw and Victor Y. It operates as a Provider of cross-border stablecoin payment infrastructure. Codex has raised $16M in funding from DRAGONFLY. The company has 75 active competitors, including 7 that are funded. Its top competitors include companies like COTI, DeVault and BitKap.
Company Details
Provider of cross-border stablecoin payment infrastructure. It facilitates near-instantaneous international money movement using blockchain technology. Services include on-ramps for fiat-to-stablecoin conversion, off-ramps for stablecoin-to-fiat disbursement, and fiat-to-fiat transfers. The platform offers virtual accounts and APIs for seamless integration with various financial systems. It enables businesses to access new markets and streamline international payments without needing local entities or licenses.
- Website
- www.codex.xyz/
- Social
- Email ID
- *****@codex.xyz
Key Metrics
Founded Year
2024
Location
New York City, United States
Stage
Seed
Total Funding
$16M in 1 round
Latest Funding Round
Ranked
2nd among 75 active competitors
Employee Count
25 as on Mar 31, 2026
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Codex's funding and investors
Codex has raised a total funding of $16M over 1 round. Its latest funding round was a Seed round on Apr 04, 2025 for $*****. 9 investors participated in its latest round. Codex has 9 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Codex:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 04, 2025 | 8977617 | Seed | 6028066 | 1287490 | 8308553 | 8190560 |
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Codex's founders and board of directors
Founder? Claim ProfileThe founders of Codex are Momo Ong, Haonan Li, Victor Yaw and Victor Y. Haonan Li is the CEO of Codex.
Here are the details of Codex's key team members:
- Momo Ong: Co-Founder of Codex.
- Haonan Li: Co-Founder & CEO of Codex.
- Victor Yaw: Co-Founder of Codex.
- Victor Y: Co-Founder of Codex.
View details of Codex's Founder profiles and Board Members
Codex's employee count trend
Codex has 25 employees as of Mar 26. Here is Codex's employee count trend over the years:
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Codex's Competitors and alternates
Top competitors of Codex include COTI, DeVault and BitKap. Here is the list of Top 10 competitors of Codex, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Payment transaction network | $500K | 53/100 | ||
2nd |  Codex 2024, New York City (United States), Seed | Provider of cross-border stablecoin payment infrastructure | $16M | 37/100 | |
3rd | _1572502327775.png?devicePixelRatio=2&height=30&width=30){kind=logo} DeVault 2018, Unfunded | Public blockchain network for governance solutions | - | - | 32/100 |
4th | BitKap 2021, Funding Raised | Cryptocurrency electronic payment and trading platform | - | - | 30/100 |
5th | Decentralized blockchain network powering global transactions | - | - | 26/100 | |
6th | Tempo Money Transfer 2008, Paris (France), Unfunded | Money transfer service through dedicated agents | - | - | 25/100 |
7th |  Sati 2023, Mountain View (United States), Funding Raised | Cryptocurrency payment management platform | - | 25/100 | |
8th |  Quanta Pay 2018, Douglas (United Kingdom), Unfunded | Crypto-based payment solution for consumers | - | - | 23/100 |
9th | - | $7M | 22/100 | ||
10th |  Truffles 2022, Dubai (United Arab Emirates), Funding Raised | Web3 Infrastructure for the future of enterprise software | - | 21/100 |
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Codex's Investments and acquisitions
Codex has made no investments or acquisitions yet.
Reports related to Codex
Here is the latest report on Codex's sector:
News related to Codex
Media has covered Codex for 1 event in last 1 year.
•
Dragonfly Leads $15.8M Seed Round for Codex, a Stablecoin Blockchain DeveloperNFTgators•Apr 04, 2025•Codex, Coinbase, Circle, Wintermute and 4 others
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FAQs about Codex
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