When was Fortress Trust founded?

Fortress Trust was founded in 2022 and raised its 1st funding round within a year of its incorporation.

Where is Fortress Trust located?

Fortress Trust is headquartered in Las Vegas, United States.

How many employees does Fortress Trust have?

As of Jun 30, 2026, the latest employee count at Fortress Trust is 7.

Is Fortress Trust a funded company?

Fortress Trust is a funded company, having raised a total of $22.5M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on 2022.

When was the latest funding round of Fortress Trust?

Fortress Trust's latest funding was a $***** Seed round on Aug 09, 2022, with participation from 2 investors. Its primary sector is Blockchain Services. In United States, the Blockchain Services sector has seen $630M in funding in 2026 to date.

Where does Fortress Trust rank among its competitors?

Fortress Trust ranks 46th amongst 2044 active competitors, of which 70 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Olas, which secured $13.8M in Feb, 2025.

Who are the top competitors of Fortress Trust?

Fortress Trust's top competitors include Olas, BIPROGY and ChromaWay. Among them, Olas secured the most recent funding round in February, 2025.

Fortress Trust - 2026 Company Profile, Funding & Competitors

Fortress Trust is an acquired company based in Las Vegas (United States), founded in 2022. It operates as a Provides compliant financial infrastructure, compliance, and operations for innovators in the crypto industry. Fortress Trust has raised $22.5M in funding from Ripple and Ayon Capital. The company has 2044 active competitors, including 70 funded and 32 that have exited. Its top competitors include companies like Olas, BIPROGY and ChromaWay.

Company Details

Fortress Trust is a financial infrastructure company that specializes in providing compliant solutions for innovators in the crypto industry. They offer services such as secure launch and scaling of Web3 initiatives, as well as payments and custody solutions. Recently, they have been acquired by Ripple Labs, expanding their portfolio of blockchain solutions for finance.

Website: fortresstrust.com
Email ID: *****@fortresstrustcompany.com

Key Metrics

Founded Year

2022

Location

Las Vegas, United States

Stage

Acquired

Total Funding

$22.5M in 2 rounds

Latest Funding Round

Seed, Aug 09, 2022, $*****

Investors

Ripple & 2 more

Ranked

46^th among 2044 active competitors

Employee Count

7 as on Jun 30, 2026

Similar Companies

Olas & 2350 more

Exit Details

Acquired by Ripple (Sep 05, 2023)

View Fortress Trust's full profile

Fortress Trust is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Fortress Blockchain Technologies Inc. CIN: 91-177597 , United States, Active	Dec 31, 2020	-	-	-

Fortress Trust got acquired by Ripple on Sep 05, 2023.

Click here to take a look at Fortress Trust's acquisition in detail

Fortress Trust has raised a total funding of $22.5M over 2 rounds. Its first funding round was on 2022. Its latest funding round was a Seed round on Aug 09, 2022 for $*****. 2 investors participated in its latest round. Fortress Trust has 3 institutional investors.

Here is the list of recent funding rounds of Fortress Trust:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 09, 2022	4913269	Seed	5634104	2076060	5343600	2186343
2022	3188	Seed	1997	4868	Ripple	1163

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View details of Fortress Trust's funding rounds and investors

Fortress Trust's employee count trend

Fortress Trust has 7 employees as of Jun 26. Here is Fortress Trust's employee count trend over the years:

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Top competitors of Fortress Trust include Olas, BIPROGY and ChromaWay. Here is the list of Top 10 competitors of Fortress Trust, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Olas 2022, Einsiedeln (Switzerland), Series A	Operator of a network for co-owning and monetizing AI agents	$13.8M	1kx, Generative Ventures & 9 others	56/100
2nd	BIPROGY 1958, Koto (Japan), Public	Provider of IT solutions and outsourcing services. This company offers a wide array of services, including digital transformation (DX) solutions, security services, and carbon-neutral initiatives. They develop and deliver products and services to support clients' needs. The company also engages in research and development activities, focusing on technological advancements. They provide support and services to ensure client satisfaction. Their offerings are complemented by various events and seminars.	-	-	51/100
3rd	ChromaWay 2014, Stockholm (Sweden), Series A	Developer of blockchain platform integrating relational databases for decentralized applications	$10.1M	TGV, Vinnova & 3 others	51/100
4th	Azilen 2008, Ahmedabad (India), Unfunded	Enterprise Software & Application Development Company	-	-	51/100
5th	Hut 8 2017, Toronto (Canada), Public	Provider of computing infrastructure and technology solutions	-	Trinity Capital	49/100
6th	The Binary Holdings 2023, Dubai (United Arab Emirates), Series A	Provider of a Web3 distribution infrastructure for telecommunications companies.	$13M	Strauss Capital, SOSV & 6 others	48/100
7th	Algorand Technologies 2017, Singapore (Singapore), Funding Raised	Provider of blockchain development and research services	-	athenian.capital, Spark & 2 others	47/100
8th	Igloo 2021, Los Angeles (United States), Series B	Provider of digital workplace solutions for unifying frontline and desked teams to engage employees, and also offering blockchain-related services and products.	$11M	Founders Fund, Fenbushi Capital & 4 others	47/100
9th	Metaplanet 1999, Minato (Japan), Public	Provider of blockchain development, advisory & consulting, and other services	-	-	47/100
10th	Decurret-Dcp Tokyo (Japan), Series C	Digital currency platform provider facilitating digital transactions and digital asset integration	$44.8M	MUFG, Fujitsu & 11 others	45/100
46th	Fortress Trust 2022, Las Vegas (United States), Acquired	Provides compliant financial infrastructure, compliance, and operations for innovators in the crypto industry	$22.5M	Ayon Capital, Ripple & 1 others	36/100