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Opyn - About the company

Opyn is an acqui-hired company based in San Francisco (United States), founded in 2019 by Alexis Gauba and Zubin Singh Koticha. It operates as a Defi option trading platform. Opyn has raised $10.9M in funding from DRAGONFLY and Paradigm. The company has 22 active competitors, including 11 that are funded. Its top competitors include companies like Chainge, RYSK and Forward.

Company Details

Defi option trading platform. Its features are buying & selling of cryptocurrencies, governance tokens with collateral, and more. Its features are formal verification, funds storage in wallets, smart contract-enabled transactions, and more.
Social
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Email ID
*****@opyn.co
Key Metrics
Founded Year
2019
Location
San Francisco, United States
Stage
Acqui-Hired
Total Funding
$10.9M in 2 rounds
Latest Funding Round
Investors
Ranked
Employee Count
1 as on Jun 30, 2026
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Opyn's funding and investors

Opyn has raised a total funding of $10.9M over 2 rounds. Its first funding round was on Jun 22, 2020. Its latest funding round was a Series A round on Feb 03, 2021 for $*****. 4 investors participated in its latest round. Opyn has 9 institutional investors and 6 angel investors.

Here is the list of recent funding rounds of Opyn:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Feb 03, 2021
4027800
Series A
6854495
6134926
6365729
6030362
Jun 22, 2020
3386458
Seed
9716717
7736445
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Opyn's founders and board of directors

Founder? Claim Profile
The founders of Opyn are Alexis Gauba and Zubin Singh Koticha. Zubin Singh Koticha is the CEO of Opyn.
Here are the details of Opyn's key team members:

Opyn's employee count trend

Opyn has 1 employees as of Jun 26. Here is Opyn's employee count trend over the years:
Employee count trend for Opyn
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Opyn's Competitors and alternates

Top competitors of Opyn include Chainge, RYSK and Forward. Here is the list of Top 10 competitors of Opyn, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Chainge
Chainge
2020, Jinzhong (China), Series B
App-based platform for trading in cryptocurrency
$13M
49/100
2nd
Logo for RYSK
RYSK
2021, London (United Kingdom), Seed
Platform providing products that will produce yield in all market conditions
$1.4M
45/100
3rd
Logo for Forward
Forward
2021, Bangkok (Thailand), Seed
Decentralized platform for derivatives exchange, built on EVM-based chains
$5M
40/100
4th
Logo for Synquote
Synquote
2021, San Francisco (United States), Seed
Decentralized platform for crypto options markets
$2.8M
40/100
5th
Logo for Thetanuts Finance
Thetanuts Finance
2021, Panama City (United States), Seed
Online platform offering cryptocurrency option strategies
$35M
39/100
6th
Logo for Etrading Software
Etrading Software
2005, London (United Kingdom), Late Stage
Provider of financial services for investment industries
-
 
37/100
7th
Logo for Clear
Clear
2021, United States, Seed
Decentralized platform to create options, notes, perpetual futures, and NFT derivatives
$2.5M
34/100
8th
Logo for Spin
Spin
2021, Finland, Seed
Operator of decentralized platform for spot, perpetual, and options trading
$3.75M
33/100
9th
Logo for Smilee
Smilee
2022, Weymouth (United Kingdom), Seed
Decentralized options protocol for volatility trading
$2M
33/100
10th
Logo for Kibo Wealth Hub
Kibo Wealth Hub
Arizona City (United States), Seed
Online platform offering crypto trading solutions
$1.5M
31/100
13th
Logo for Opyn
Opyn
2019, San Francisco (United States), Acqui-Hired
Defi option trading platform
$10.9M
29/100
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Opyn's Investments and acquisitions

Opyn has made no investments or acquisitions yet.

Reports related to Opyn

Here is the latest report on Opyn's sector:

News related to Opyn

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FAQs about Opyn

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