Loopring - About the company
Loopring is a funded company based in Shanghai (China), founded in 2017 by Jay Zhou and Daniel Wang. It operates as a Protocol for building decentralized exchanges. Loopring has raised an undisclosed amount in funding. The company has 148 active competitors, including 70 funded and 4 that have exited. Its top competitors include companies like Aleo, Optimism and Immutable.
Company Details
Loopring is a protocol blockchain designed to build decentralized exchanges. It can be deployed on top of any public blockchain that has smart contract support. Users don't need to send tokens to any party for custody. They can transfer tokens after orders have been submitted and the platform automatically adjusts order amounts during settlement. Loopring protects users from threats such as exchange bankruptcies and hacking.
- Website
- loopring.org
- Social
Key Metrics
Founded Year
2017
Location
Shanghai, China
Stage
Funding Raised
Latest Funding Round
Investors
Ranked
35th among 148 active competitors
Employee Count
11 as on May 31, 2026
Investment & Acquisitions
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Loopring's funding and investors
Loopring has raised funding over 1 round. Loopring has 10 institutional investors.
Here is the list of recent funding rounds of Loopring:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 16, 2017 | 5326459 | ICO | 8444945 | 1482659 | 8716881 | 9908786 |
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Loopring's founders and board of directors
Founder? Claim ProfileHere are the details of Loopring's key team members:
- Jay Zhou: Co-Founder & COO of Loopring.
- Daniel Wang: Co-Founder & CEO of Loopring.
View details of Loopring's Founder profiles and Board Members
Loopring's employee count trend
Loopring has 11 employees as of May 26. Here is Loopring's employee count trend over the years:
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Loopring's Competitors and alternates
Top competitors of Loopring include Aleo, Optimism and Immutable. Here is the list of Top 10 competitors of Loopring, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Aleo 2019, San Francisco (United States), Series B | Blockchain-based network for developers | $228M | 73/100 | |
2nd | Optimism 2019, New York City (United States), Series B | Developer of blockchain software used for scaling decentralized network applications | $175M | 73/100 | |
3rd | Blockchain-based infrastructure for NFT games and applications | $277M | 72/100 | ||
4th | Matter Labs 2019, Berlin (Germany), Series C | Finance infrastructure for blockchain privacy with verifiable computation | $458M | 72/100 | |
5th | Offchain Labs 2018, Princeton (United States), Series B | Developer of solutions for Ethereum smart contracts | $124M | 64/100 | |
6th | Provider of layer two scaling infrastructure for decentralized blockchain networks | $4M | 63/100 | ||
7th | Blockchain-based platform offers zero-knowledge proof roll-up solutions | $287M | 63/100 | ||
8th |  zkSync 2019, Cayman Islands, Funding Raised | Zeroknowledge proof rollup layer 2 platforms | - | 62/100 | |
9th | Nexus 2022, San Francisco (United States), Series A | Provider of Layer 1 blockchain platform optimized for high-frequency cryptocurrency trading and decentralized finance applications | $27.2M | 61/100 | |
10th | Harmony 2018, Portland (United States), Series A | Blockchain-based public network for data sharing | $10M | 60/100 | |
35th | Protocol for building decentralized exchanges | - | 42/100 |
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Loopring's Investments and acquisitions
Loopring has a total of 1 investment in Tritum. Loopring has not made any acquisitions as of now.Reports related to Loopring
Here is the latest report on Loopring's sector:
News related to Loopring
•
•
Digital Asset Liquidity Innovator Tritum raises Seed RoundGlobeNewswire•May 31, 2022•Tritium, Nabais, Loopring
•
Loopring Surges as GameStop Buils NFT Marketplace on Layer-2 ProtocolCoinspeaker•Mar 24, 2022•GameStop, Loopring
•
Loopring (LRC) Is Under Renewed Focus as GameStop’s NFT and Crypto Push Goes MainstreamWccftech•Jan 07, 2022•Loopring
•
TokenMarket to Advance its Security Exchanges via Partnership with LoopringPR Newswire•May 28, 2019•Tokenmarket, Loopring
•
Polymath Tests Show Security Tokens Can Be Compliant on a DEXCoinDesk•Feb 27, 2019•Polymath, Loopring
•
Wanchain 3.0 Adds Loopring Enabling On-Chain Decentralized TradingCCN•Dec 18, 2018•Wanchain, Loopring
•
Loopring Foundation Partners With UC Berkeley To Launch Blockchain Research ProgramBusiness Wire•Jan 14, 2018•UC Berkeley, Loopring
•
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