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.
- Website
- www.opyn.co/
- 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
Ranked
13th among 22 active competitors
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 |
View details of Opyn's funding rounds and investors
Opyn's founders and board of directors
Founder? Claim ProfileThe 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:
- Alexis Gauba: Co-Founder of Opyn. Contact Info: 1 email address
- Zubin Singh Koticha: Co-Founder & CEO of Opyn. Contact Info: 1 email address
View details of Opyn's Founder profiles and Board Members
Opyn's employee count trend
Opyn has 1 employees as of Jun 26. Here is Opyn's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | App-based platform for trading in cryptocurrency | $13M | 49/100 | ||
2nd | RYSK 2021, London (United Kingdom), Seed | Platform providing products that will produce yield in all market conditions | $1.4M | 45/100 | |
3rd | Decentralized platform for derivatives exchange, built on EVM-based chains | $5M | 40/100 | ||
4th | Synquote 2021, San Francisco (United States), Seed | Decentralized platform for crypto options markets | $2.8M | 40/100 | |
5th | Thetanuts Finance 2021, Panama City (United States), Seed | Online platform offering cryptocurrency option strategies | $35M | 39/100 | |
6th | Etrading Software 2005, London (United Kingdom), Late Stage | Provider of financial services for investment industries | - | 37/100 | |
7th | Clear 2021, United States, Seed | Decentralized platform to create options, notes, perpetual futures, and NFT derivatives | $2.5M | 34/100 | |
8th | Operator of decentralized platform for spot, perpetual, and options trading | $3.75M | 33/100 | ||
9th | Smilee 2022, Weymouth (United Kingdom), Seed | Decentralized options protocol for volatility trading | $2M | 33/100 | |
10th | Kibo Wealth Hub Arizona City (United States), Seed | Online platform offering crypto trading solutions | $1.5M | 31/100 | |
13th | Opyn 2019, San Francisco (United States), Acqui-Hired | Defi option trading platform | $10.9M | 29/100 |
Looking for more details on Opyn's competitors? Click here to see the top ones
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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Coinbase (COIN) Acquires Opyn Markets’ Leadership Team in a Talent-Only DealTipRanks•Jul 12, 2025•Coinbase, Opyn
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Coinbase acquires Opyn’s leadership team in bid to expand onchain derivativesThe Block•Jul 11, 2025•Coinbase, Opyn
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AATech acquires 57.71% of Opyn for €20.7 million. Option to increase to 100%BeBeez•Mar 31, 2025•AA Tech, Opyn
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The fintech Opyn launches a new 300 million euro financing program for SMEs with Azimut, Natixis CIB and illimityBeBeez•Nov 22, 2023•Opyn, Azimut, Banca Valsabbina, P101 and 4 others
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DeFi Hedging Startup Opyn Raises $2.16M Seed Round Led by Dragonfly CapitalCoinDesk•Jun 22, 2020•Opyn, Scalar Capital, CRYPTO, Dragonfly Capital and 6 others
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