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
- 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
Ranked
9th among 101 active competitors
Employee Count
437 as on Jun 30, 2026
Investment & Acquisitions
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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 |
View details of Nexus's funding rounds and investors
Nexus' founders and board of directors
Founder? Claim ProfileThe founders of Nexus is Daniel Marin. Daniel Marin is the CEO of Nexus.
Here are the details of Nexus' key team members:
- Daniel Marin: Founder & CEO of Nexus. Contact Info: 1 email address
View details of Nexus's Founder profiles and Board Members
Nexus' employee count trend
Nexus has 437 employees as of Jun 26. Here is Nexus's employee count trend over the years:
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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:
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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 | 72/100 | |
3rd | Matter Labs 2019, Berlin (Germany), Series C | Finance infrastructure for blockchain privacy with verifiable computation | $458M | 72/100 | |
4th | Scroll 2013, Seychelles, Series B | Developer of a native zero knowledge virtual machine layer technology | $80M | 66/100 | |
5th | Offchain Labs 2018, Princeton (United States), Series B | Developer of solutions for Ethereum smart contracts | $124M | 65/100 | |
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 | 62/100 | ||
8th | zkSync 2019, Cayman Islands, Funding Raised | Zeroknowledge proof rollup layer 2 platforms | - | 61/100 | |
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 | Arbitrum 2018, Princeton (United States), Seed | Blockchain-enabled application development platform for the fintech industry | - | 60/100 |
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.
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Nexters to acquire OneStore, shifting it to Web3 game store and AI platformDigitalToday•Jun 18, 2026•One Store, Nexters, Com.au, Krafton and 4 others
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India Grocery Delivery Startup Zepto to File for India IPO to Raise $1.2 Billion at $8 Billion Valuation, Founded in 2021 by 19-Year-Olds Aadit Palicha & Kaivalya Vohr Who Were Supposed to Attend Stanford University Majoring in Computer Science, Investors Include General Catalyst, Glade Brook Capital, Nexus, StepStone, Avra Capital, Lightspeed, Avenir & California Public Employees’ Retirement System (CalPERS)Caproasia•May 27, 2026•Glade Brook Capital, StepStone, Lightspeed, Nexus and 3 others
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Nexus Closes $25M Series A to Enable Verifiable Computation via Zero-Knowledge CryptographyPR Newswire•Jun 10, 2024•Nexus, Lightspeed Venture Partners, Pantera Capital, DRAGONFLY and 6 others
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