Internal Server Error

Nexus - About the company

Nexus is a series A company based in San Francisco (United States), founded in 2022 by Daniel Marin. It operates as a Provider of Layer 1 blockchain platform optimized for high-frequency cryptocurrency trading and decentralized finance applications. Nexus has raised $27.2M in funding from DRAGONFLY. The company has 101 active competitors, including 56 funded and 4 that have exited. Its top competitors include companies like Aleo, Optimism and Matter Labs.

Company Details

Provider of Layer 1 blockchain platform optimized for high-frequency cryptocurrency trading and decentralized finance applications. It operates a specialized blockchain network designed to handle rapid financial transactions and trading activity through a custom zero-knowledge virtual machine that runs on distributed nodes worldwide. The platform includes an exchange for perpetual futures trading with up to 50x leverage, a native stablecoin called USDX for unified settlements, and tools for developers to build financial applications with low-latency execution. It offers Nexus zkVM a virtual machine that can generate cryptographic proofs for any computation and ensures results are verifiable,.
Website
nexus.xyz
Social
X
Email ID
*****@nexus.xyz
Key Metrics
Founded Year
2022
Location
San Francisco, United States
Stage
Series A
Total Funding
$27.2M in 3 rounds
Latest Funding Round
Investors
Ranked
Employee Count
437 as on Jun 30, 2026
Investment & Acquisitions
Similar Companies
Sign up to download Nexus' company profile

Nexus's funding and investors

Nexus has raised a total funding of $27.2M over 3 rounds. Its latest funding round was a Series A round on Jun 10, 2024 for $*****. 4 investors participated in its latest round. Nexus has 7 institutional investors.

Here is the list of recent funding rounds of Nexus:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jun 10, 2024
6561307
Series A
9750029
7652806
6305576
2943861
2022
7507
Seed
1387
6445
lockAccess funding benchmarks and valuations. Sign up today!

Nexus' founders and board of directors

Founder? Claim Profile
The founders of Nexus is Daniel Marin. Daniel Marin is the CEO of Nexus.
Here are the details of Nexus' key team members:

Nexus' employee count trend

Nexus has 437 employees as of Jun 26. Here is Nexus's employee count trend over the years:
Employee count trend for Nexus
lockUncover Nexus' growth story! Sign up today!
chrome_extension_cta_illustration
Access Tracxn on any website
Our Google Chrome extension lets you view company details while browsing their websites
Install Tracxn Extension

Nexus's Competitors and alternates

Top competitors of Nexus include Aleo, Optimism and Matter Labs. Here is the list of Top 10 competitors of Nexus, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Aleo
Aleo
2019, San Francisco (United States), Series B
Blockchain-based network for developers
$228M
73/100
2nd
Logo for Optimism
Optimism
2019, New York City (United States), Series B
Developer of blockchain software used for scaling decentralized network applications
$175M
72/100
3rd
Logo for Matter Labs
Matter Labs
2019, Berlin (Germany), Series C
Finance infrastructure for blockchain privacy with verifiable computation
$458M
72/100
4th
Logo for Scroll
Scroll
2013, Seychelles, Series B
Developer of a native zero knowledge virtual machine layer technology
$80M
66/100
5th
Logo for Offchain Labs
Offchain Labs
2018, Princeton (United States), Series B
Developer of solutions for Ethereum smart contracts
$124M
65/100
6th
Logo for Metis
Metis
2018, Singapore (Singapore), Seed
Provider of layer two scaling infrastructure for decentralized blockchain networks
$4M
63/100
7th
Logo for StarkWare
StarkWare
2017, Netanya (Israel), Series D
Blockchain-based platform offers zero-knowledge proof roll-up solutions
$287M
62/100
8th
Logo for zkSync
zkSync
2019, Cayman Islands, Funding Raised
Zeroknowledge proof rollup layer 2 platforms
-
61/100
9th
Logo for Nexus
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
Logo for Arbitrum
Arbitrum
2018, Princeton (United States), Seed
Blockchain-enabled application development platform for the fintech industry
-
60/100
lockGet insights and benchmarks for competitors of 2M+ companies! Sign up today!
Looking for more details on Nexus's competitors? Click here to see the top ones

Nexus's Investments and acquisitions

Nexus has a total of 1 investment in Verse Eight. Nexus has not made any acquisitions as of now.

Reports related to Nexus

Here is the latest report on Nexus's sector:

News related to Nexus

Media has covered Nexus for a total of 5 events in the last 1 year, 1 of them has been about company updates and 1 about partnerships.
lockGet curated news about company updates, funding rounds, M&A deals and others. Sign up today!

FAQs about Nexus

Explore our recently published companies
Tracxn powers 1,000+ customers across 30+ countries
Accel PartnersPartechIN-Q-TEL - USFujitsuTenityStanford