When was Cryptonite founded?

Cryptonite was founded in 2014.

Where is Cryptonite located?

Cryptonite is headquartered in Ottawa, Canada.

Is Cryptonite a funded company?

Cryptonite is a funded company, having raised a total of $***** in its 1st and only funding round.

Where does Cryptonite rank among its competitors?

Cryptonite ranks 107th amongst 449 active competitors, of which 24 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was fuse.io, which secured $5M in May, 2022.

Who are the top competitors of Cryptonite?

Cryptonite's top competitors include Bitcoin, Dash and Sentz. Among them, fuse.io secured the most recent funding round in May, 2022.

Cryptonite - 2026 Company Profile, Funding & Competitors

Company Details

Cryptonite is a fork of Bitcoin with minor changes that give it additional functionality. The chain is unique in the sense that its blockchain is relatively smaller as it does not keep records of wallets with empty balances. This helps it prune down the size of the blockchain. The alt-currency also allows individuals to enforce certain withdrawal limits on wallets owned by them on basis of certain parameters. Cryptonite allows individuals to send transactions with a custom message and enables micro-transactions through keeping network fees low.

Website: cryptonite.info
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Key Metrics

Founded Year

2014

Location

Ottawa, Canada

Stage

Funding Raised

Investors

Berkeley SkyDeck

Ranked

107^th among 449 active competitors

Investment & Acquisitions

Port3

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View Cryptonite's full profile

Cryptonite is a funded company. Cryptonite has 1 institutional investor.

View details of Cryptonite's funding rounds and investors

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Top competitors of Cryptonite include Bitcoin, Dash and Sentz. Here is the list of Top 10 competitors of Cryptonite, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Bitcoin 2009, Las Vegas (United States), Public	Decentralized P2P cryptocurrency for payments	$100M	MassMutual, Moonchain Capital & 78 others	74/100
2nd	Dash 2014, Scottsdale (United States), Series B	Digital currency for making payments	$16.2M	Marshmallow Cash, Blockwall Management & 6 others	69/100
3rd	Sentz 2017, Sacramento (United States), Series B	Cross-border remittance solution for individuals and businesses	$183M	Future Ventures, General Catalyst & 38 others	60/100
4th	Beam 2017, Tel Aviv (Israel), Series A	Privacy-focused cryptocurrency based on MimbleWimble blockchain	$5M	Recruit Strategic Partners, Altonomy & 15 others	59/100
5th	Litecoin 2011, Singapore (Singapore), Funding Raised	Network providing a digital currency for payments, transfers, and transactions	-	-	56/100
6th	Zcash Electric Coin Company 2016, Boulder (United States), Seed	Privacy-protecting digital currency enabling private peer-to-peer electronic cash transactions	-	INBlockchain, Sccinvest & 19 others	56/100
7th	fuse.io 2014, Tel Aviv (Israel), Series A	Blockchain-enabled decentralized payment solution	$5M	Tectona, GAINS Associates & 5 others	52/100
8th	BitMinutes 2017, New York City (United States), Funding Raised	Financial inclusion through prepaid minutes, transfers, payments, and microloans	-	Etheralabs, Cloquet Capital Partners	51/100
9th	Litecoin Project 2011, San Francisco (United States), Series A	Open-source P2P digital currency enabling instant, near-zero cost global payments	-	DJ Yakisoba Capital Partners, Bauhaus Group ... & 10 others	51/100
10th	AXEL 2013, Las Vegas (United States), Funding Raised	Digital currency focused on payments	-	-	48/100
107th	Cryptonite 2014, Ottawa (Canada), Funding Raised	Fork of Bitcoin Core with added functionalities such as micro-transactions, withdrawal limits and transaction messages.	-	Berkeley SkyDeck	26/100