When was IOST founded?

IOST was founded in 2017 and raised its 1st funding round 8 years after it was founded.

Where is IOST located?

IOST is headquartered in Singapore, Singapore. It is registered at 380 JALAN BESAR #13-06 ARC 380 SINGAPORE 209000.

Which legal entities is IOST associated with?

IOST is associated with INFUN PTE. LTD.

How many employees does IOST have?

As of Jul 01, 2024, the latest employee count at IOST is 51 - 200.

Is IOST a funded company?

IOST is a funded company, having raised a total of $***** in its 1st and only funding round, a Series B round on Jun 06, 2025.

When was the latest funding round of IOST?

IOST's latest funding was a $***** Series B round on Jun 06, 2025, with participation from 2 investors. Its primary sector is Blockchain Infrastructure. In Singapore, the Blockchain Infrastructure sector has seen $68M in funding in 2026 to date.

Where does IOST rank among its competitors?

IOST ranks 16th amongst 1288 active competitors, of which 278 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was IOST, which secured $21M in Jun, 2025.

Who are the top competitors of IOST?

IOST's top competitors include Aptos, Mysten Labs and Solana. Among them, IOST secured the most recent funding round in June, 2025.

IOST - 2026 Company Profile, Team, Funding, Competitors & Financials

IOST is a series B company based in Singapore (Singapore), founded in 2017 by Ray Xiao, Jimmy Zhong and Yannan Wang. It operates as a Provider of blockchain platform focused on real-world asset tokenization and scalable Web3 applications. IOST has raised $21M in funding from investors like PrestoDB, Rollman Management and DWF Labs. The company has 1288 active competitors, including 278 funded and 28 that have exited. Its top competitors include companies like Aptos, Mysten Labs and Solana.

Company Details

Provider of blockchain platform focused on real-world asset tokenization and scalable Web3 applications. Its architecture includes tools for tokenizing bonds and assets, decentralized identity verification, cross-chain bridges to Ethereum and BNB Chain, and compliance features like KYC/AML integration. The system targets cryptocurrency finance, tokenization, and Web3 services rather than industrial operations, oil and gas automation, or enterprise supply chain tracking.

Website: iost.io/en
Social
Registered Address: 380 JALAN BESAR #13-06 ARC 380 SINGAPORE 209000

Key Metrics

Founded Year

2017

Location

Singapore, Singapore

Stage

Series B

Total Funding

$21M in 1 round

Latest Funding Round

Series B, Jun 06, 2025, $*****

Investors

PrestoDB & 13 more

Ranked

16^th among 1288 active competitors

Employee Count

51 - 200 as on Jul 01, 2024

Investment & Acquisitions

XRADERS & 4 more

Similar Companies

Aptos & 1446 more

View IOST's full profile

IOST is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
INFUN PTE. LTD CIN: 201902677C , Singapore, Active		-	-

IOST has raised a total funding of $21M over 1 round. Its latest funding round was a Series B round on Jun 06, 2025 for $*****. 2 investors participated in its latest round. IOST has 14 institutional investors.

Here is the list of recent funding rounds of IOST:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 06, 2025	5804785	Series B	5176227	6884553	6924591	8339708

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View details of IOST's funding rounds and investors

The founders of IOST are Ray Xiao, Jimmy Zhong and Yannan Wang.

Here are the details of IOST's key team members:

Ray Xiao: Co-Founder of IOST and founder of 1 other company.
Contact Info: 1 email address
Jimmy Zhong: Co-Founder of IOST.
Contact Info: 1 email address
Yannan Wang: Co-Founder & CTO of IOST.
Contact Info: 1 email address

View details of IOST's Founder profiles and Board Members

IOST's employee count trend

IOST has 51 - 200 employees as of Jul 24. Here is IOST's employee count trend over the years:

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Top competitors of IOST include Aptos, Mysten Labs and Solana. Here is the list of Top 10 competitors of IOST, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Aptos 2021, Palo Alto (United States), Series D	Provider of protocols for building blockchain-based solutions	$350M	Jump Crypto, Multicoin Capital & 31 others	80/100
2nd	Mysten Labs 2021, Palo Alto (United States), Series B	Blockchain platform offering Web3 infrastructure solutions	$336M	Andreessen Horowitz, FTX & 42 others	80/100
3rd	Solana 2010, San Francisco (United States), Series C	Blockchain-based infrastructure for transactions and counting	$374M	Polychain, Multicoin Capital & 93 others	79/100
4th	NEAR 2017, Zug (Switzerland), Series D	Public blockchain network platform	$542M	Andreessen Horowitz, Tiger Global Management ... & 88 others	78/100
5th	AVA 2018, Brooklyn (United States), Series B	Blockchain platform for smart contracts and custom subnets	$368M	Andreessen Horowitz, Metastable Materials ... & 22 others	75/100
6th	Ethereum 2013, Toronto (Canada), Series B	Blockchain-based public network for decentralized applications	-	DJ Yakisoba Capital Partners, KR1 & 108 others	71/100
7th	DFINITY 2014, Palo Alto (United States), Series C	Blockchain-based public network for building decentralized applications	$164M	Polychain, Andreessen Horowitz & 59 others	69/100
8th	Avalanche 2018, Tortola (United Kingdom), Funding Raised	Provider of smart contracts platform for decentralized application development	-	IPC, Mona Venture Capital & 39 others	68/100
9th	Concordium 2018, Cham (Switzerland), Series B	Provider of Layer 1 blockchain platform	$15M	ARK36, TTC & 15 others	67/100
10th	ThunderCore 2017, Sunnyvale (United States), Series B	Decentralized platform for the deployment of dApps	$55.8M	SV Angel, Electric Capital & 23 others	67/100
16th	IOST 2017, Singapore (Singapore), Series B	Provider of blockchain platform focused on real-world asset tokenization and scalable Web3 applications	$21M	Blockchain R&I, Nirvana Capital & 12 others	64/100

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IOST has not made any acquisitions yet. IOST has made 5 investments.

Here is the list of latest three $investments:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Apr 04, 2024	Investments	XRADERS	2022	Seongnam-si (South Korea)
Jul 07, 2022	Investments	Upclub	2001	Atlanta (United States)
Apr 05, 2022	Investments	Boba	2021	Palo Alto (United States)